(See recent posts on Phoenix Case-Shiller Home Price Index.)

The Case-Shiller Home Price Index measures home price appreciation and as recently as last year, depreciation.

Phoenix Home Price Appreciation

Appreciation – June 2011 to June 2012

• Low Price Tier = up 30%
• Middle Price Tier = up 18%
• High Price Tier = up 9%

See the price breakpoints for the 3 tiers below the chart.

Phoenix AZ Case-Shiller Home Price Index

Tier Breakpoints (June 2012)

  • Low Tier – Up to $121,776
  • Middle Tier – $121,776 – $203,555
  • High Tier – $203,555 and up

The Case-Shiller Home Price Index is the best estimate of actual home price appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, the most current data is only through June 2012.

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