April 24, 2024 6:41 pm
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Arizona’s housing deficit increased 1,377% since 2012

By Angela Gonzales | Phoenix Business Journal

Arizona’s housing deficit has increased 1,377% since 2012 — representing 122,683 homes — according to a report by Washington, D.C.-based Up for Growth.

The report — which ranks Arizona eighth in the nation in terms of the severity of its housing deficit — calls for a need to build more homes, especially affordable homes. When Up for Growth did the study in 2012, Arizona didn’t even have a housing deficit issue, said Mike Kingsella, CEO of Up for Growth.

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