Tracking metropolitan Phoenix’s home prices can be done in several ways, so there are different medians or index numbers for the area’s housing market. What’s key is the direction the numbers or indicators are heading.
And all measures now show Valley home prices inching up or at least holding steady.
S&P/Case-Shiller, the leading national home index, shows metro Phoenix home prices ticked up 0.8 percent between August and September. The index lags a few months because it compares national home prices. Nationally, the 20-city index shows home prices climbing 0.3 percent during the period, so the Valley is faring better.
The median price …