Phoenix Now Included Among Metros that Indicate Recovering US Housing Market

PHOENIX - April 15, 2016 - PRLog -- Recent reports claimed that the US housing market began looking more stable than it was after the crash. Analysis showed that four metropolitan areas have been added to the list of local markets that have beyond stable housing activity, including Phoenix, Arizona.

The latest Freddie Mac's Milti-Indicator Market Index (MiMi) has been tracking housing conditions in metropolitan areas across the country.

Reports claimed that housing market stability is growing on two levels: by state and by city. For this month alone, Phoenix, Arizona is deemed to be a state with better activity range than typical or stable housing market.

Other metropolitan areas added are Albany, New York, and Harrisburg and Philadelphia in Pennsylvania.

Aside from MiMi, another report by Homes.com presented that over 50 percent of the top housing markets in the US reached total price recovery. These two reports are indicative of positive housing market activity that ensures stability.

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