by Alyxandria Carter | Oct 30, 2024
The Phoenix multifamily market showed signs of recovery in Q3 2024, as easing inflation and rising consumer confidence boosted renter demand and household formation. Despite new supply continuing to outpace leasing, the decline in occupancy is slowing, suggesting...
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 | May 1, 2024
In Q1 2024, the Phoenix multifamily market showed signs of recovery, driven by reduced inflation and increased consumer confidence, boosting renter household formation and tenant demand. Despite continued growth in new housing developments, there was a stabilization...
by Alyxandria Carter | Mar 28, 2024
SVN® International Corp. presents the 2024 State of the Market Report, giving insight into the multifamily sector. In 2023, the apartment sector faced a tough market as the Federal Reserve’s tightening monetary policy led to a significant drop in deal activity,...
by Alyxandria Carter | Feb 5, 2024
The Phoenix multifamily market faces challenges as a surge in construction overshadows the rebounding rental demand, leading to weakened market conditions for consecutive years. The vacancy rate stands at its highest in over a decade at 10.8% as of early 2024, driven...
