The number of foreclosures being started in Arizona continues to drop, according to the monitoring firm RealtyTrac. Vice President Darren Blomquist says about 3,900 Arizona properties got foreclosure notices during April.

U.S. home prices increased in February, by the largest margin in nearly seven years.     

Builder confidence in the national market for newly built, single-family homes was virtually unchanged in February.

Homebuilders in Arizona made a push to buy up empty land at the end of December -- another sign they are feeling confident in the market.

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. 

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

U.S. home prices increased nearly 4 percent between July 2011 and July 2012, according to a private realty tracking firm. But in Arizona, gains were well above the national average. 

Low interest rates and a shrinking supply of foreclosed homes are driving buyers back into the new home market. 

According to a report from Zillow the Arizona real estate market may be on the slow road to recovery, but two experts say don’t get too excited yet.

A new report shows the Valley's housing market is continuing a strong push toward recovery. Analysts at Clear Capital say prices were up almost 9 percent in the last quarter.