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Phoenix navigates supply-driven rent slowdown Phoenix advertised asking rents fell 4.1 percent YoY through November, while the U.S. average rose 0.2 percent. Occupancy increased by 40 bps YoY to 93.4 percent in October amid record deliveries and an elevated pipeline.
Phoenix advertised asking rents fell 4.1 percent YoY through November, while the U.S. average rose 0.2 percent. Occupancy increased by 40 bps YoY to 93.4 percent in October amid record deliveries and an elevated pipeline.
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