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...
by Alyxandria Carter | Nov 6, 2023
Although the Phoenix Multifamily market has fluctuated considerably over the past few years, the long-term drivers supporting the Valley’s multifamily market remain in place. Nation-leading demographic patterns, a growing and diversifying economy, and an attractive...
by Alyxandria Carter | Aug 16, 2023
The Phoenix multifamily market is navigating a period of dislocation. Apartment demand has downshiftedfrom the record level seen in the two years following the onset of the pandemic to a much more moderatepace as high inflation and economic uncertainty stall the...
