Apartments: Which markets are hot, which are cooling and where Phoenix stands

By Mike Sunnucks | Phoenix Business Journal

Phoenix always has been a cheaper place to live than other big U.S. cities where apartments, housing prices and office rents are more expensive.

The latest multifamily market data from Axiometrics and its parent company RealPage Inc. drives home that point.

Real Page Chief Economist Greg Willett offers some insight on which markets multifamily developers have been turning to and where the real estate segment is headed next in its recent building booms.

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