Phoenix

Phoenix Home Resales Surge 71% from 2008 

Existing home and condo sales in the Phoenix area soared in June to the highest level seen in that month in four years, according to housing data provider MDA DataQuick. A total 10,731 new and resale houses and condos closed escrow in the combined Maricopa-Pinal counties metropolitan area in June, up 12.2% from May and up 40.4% from a year ago. The June resale total of 9,720 homes and condos represented the highest monthly total since March 2006. A total 8,746 resale houses in June marked a 71.4% growth from last year’s volume.