by Alyxandria Carter | Aug 15, 2024
SVN® International Corp. Economic Update – Keeping our clients up-to-date about the latest real estate landscape trends. In July, the US Consumer Price Index (CPI) rose by 0.2% from June, reversing a previous decline, while annual inflation slowed to 2.9%....
by Alyxandria Carter | Aug 2, 2024
Altus Group has shared the results of their Q2 2024 Commercial Real Estate (CRE) Industry Conditions & Sentiment Survey. This survey, conducted from March 25 to April 29, 2024, gathered opinions from 227 participants across 49 different firms, covering a range of...
by Alyxandria Carter | Aug 1, 2024
In Q2 2024, Phoenix’s retail market remains strong, driven by demographic growth, rising incomes, and job gains. Tenant demand is robust, with significant activity from quick-service restaurants, beverage shops, discount retailers, and experiential tenants. The...
by Alyxandria Carter | Aug 1, 2024
In early 2024, the Phoenix multifamily market began showing signs of recovery, as easing inflation and rising consumer confidence boosted renter household formation. While new supply still exceeds leasing activity, occupancy and rent declines have started to...
by Alyxandria Carter | Jul 31, 2024
In Q2 2024, Phoenix’s industrial vacancy rate rose to 10.6%, driven by a surge in new developments, with over 43.8 million square feet delivered in the past year. Demand from logistics, construction, and manufacturing sectors remains strong but hasn’t kept...
