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Phoenix Multifamily Data

Will Phoenix’s Recent Hiring Stumble Interrupt Strong Development Activity?

After several years of healthy growth, job gains in Phoenix stumbled at the end of 2016. Since mid-2014, job growth has averaged roughly 3%. Meanwhile, the 4th quarter 2016 number landed at 1.6% annual growth. Broadly, hiring slowed across multiple employment segments, most notably in Trade/Transportation/Utilities and Professional/Business Services – two segments with a large read more


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