Even With Climbing Rents, Phoenix Still Affordable Market

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Job growth continues to bolster the Valley of Sun.

Multifamily Executive (January 17, 2020) — Things are still hot in the Sun Belt, as conditions on the ground in Phoenix show strong job growth combined with increases in single-family housing starts and closings. The only troubling bit of news is rising rents, which could be allayed by new product flowing toward the end of the inventory pipeline.

Read more at: Multifamily Executive

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