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Supply Slams Rents in Phoenix Phoenix’s inventory gained 11,980 units in 2023 through November, marking a new record in supply expansion. Rent growth remained negative, down 0.5 percent on a T3 basis through November to $1,583.
Phoenix’s inventory gained 11,980 units in 2023 through November, marking a new record in supply expansion. Rent growth remained negative, down 0.5 percent on a T3 basis through November to $1,583.
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