An economic forecast is out for Arizona, and it looks hazy.

New numbers from ASU show an almost unheard of jump in Phoenix-area home prices.

A new report from ASU’s W.P. Carey School of Business finds that home prices in the Phoenix metro area are climbing. The median price of a single-family home in October was about $7,000 higher than the previous four months, and 34 percent higher than the same month last year. 

A new report from ASU shows median home prices in the Phoenix area were flat between August and September, at $150,000.

Valley home prices rose in August, but not by much, according to new numbers from ASU.

The Valley’s housing market is starting to pick back up. But some experts say one part of that market is poised for a big comeback in the next few years, especially in parts of Phoenix and the East Valley. KJZZ’s Mark Brodie reports.

Valley real estate prices are rising, but many homeowners still likely won’t make back what they paid for their house for a while. From Phoenix, KJZZ’s Mark Brodie reports.

Here's a turnaround worth noting: The housing market in Phoenix is emerging from a historic slumber.

Home prices are up, foreclosures are way down, and new home sales have spiked in the East Valley. That's according to the latest housing report from Arizona State University

The Valley housing market is starting to come back. Mike Orr, who directs the Center for Real Estate Theory at ASU's W.P.