Phoenix Case-Shiller Index: Phoenix home prices back to late 2008 levels (November 2012 Report)

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The Case-Shiller Home Price Index measures home price appreciation (and depreciation).

Phoenix Home Price Appreciation – August 2011 to August 2012

• Low Price Tier = up 35%
• Middle Price Tier = up 23%
• High Price Tier = up 13%

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

Phoenix AZ Case-Shiller Home Price Index

Phoenix Home Price Tier Breakpoints for August 2012

• Low Tier – Up to $131,295
• Middle Tier – $131,295 – $218,705
• High Tier – $218,705 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 July 2012.