Phoenix Existing Home Sales Continue Robust Pace

Existing home sales in Phoenix continued at a robust pace in June, reaching six year highs for the second consecutive month, while home prices see their first monthly increase in a year according to real estate information provider DataQuick. A total of 10,537 new and resale houses and condos closed escrow in the Maricopa-Pinal counties area in June. Sales were 8.3 percent higher than in May and 1.5 percent higher than June of 2010. Existing home sales were at their highest level since 2005.

On October 19th, 2011, posted in: Arizona Market by

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