Valley housing shows signs of price stability -
In the latest S&P/Case-Shiller report, the Phoenix area was one of the best performers with regard to the most recent month-over-month price change measured by the Case-Shiller study, from February to March. The Valley's median home-resale price decreased 0.5% during that one-month period, making it the fifth-best metro area in terms of price retention. The Phoenix area's recent performance boost in home-value retention reflects that prices have essentially stabilized since January, local analysts said.
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