Even With Climbing Rents, Phoenix Still Affordable Market


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.

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