The Phoenix region is fresh from an unprecedented apartment building boom that peaked in the last quarter of 2022, and recent statistics suggest that the wave of new supply has outrun demand, an imbalance that could become particularly acute in some of the areas most favored by multifamily developers.
Four Areas Lead the Way in Phoenix Region's Apartment Building Boom
Over 35,000 New Units Are in the Pipeline
CoStar Analytics
March 9, 2023 | 6:00 P.M.
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