By Angela Gonzales | Phoenix Business Journal
Tenant traffic at metro Phoenix apartments has steadily improved since the beginning of April, according to a new report from Radix, a Scottsdale-based data research firm that tracks apartment activity nationwide.
Research conducted through July 1 shows a narrowing gap in potential tenant visits to apartments compared with traffic during the same time last year. The gap has continuously narrowed since April 8, when traffic was three times busier in 2019 than it was in 2020 during that week.
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“Despite increasing COVID-19 cases in Phoenix and surrounding areas, Phoenix’s apartment demand appears to continue trending up, a testament to it’s resiliency and many landlords adopting socially distanced or virtual touch points with prospective tenants.” ~ Dan Gauthier, attorney at Rose Law Group