SVN® State of the Market 2024 Report : Multifamily

SVN® State of the Market 2024 Report : Multifamily

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,...
4Q2023 Metro Phoenix Multifamily Newsletter

4Q2023 Metro Phoenix Multifamily Newsletter

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...
3Q2023 Metro Phoenix Multifamily Newsletter

3Q2023 Metro Phoenix Multifamily Newsletter

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...
2Q2023 Metro Phoenix Multifamily Newsletter

2Q2023 Metro Phoenix Multifamily Newsletter

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...