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Phoenix's Population Continues To Grow at Rapid Rate

Domestic Migration Remains the Driving Force of the Market
CoStar Analytics
May 9, 2022 | 8:54 P.M.

Phoenix’s population grew by nearly 80,000 in 2021, or 1.6% annually, according to the latest U.S. Census Bureau data. Residents priced out of costly markets are the driving force behind this trend.

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