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Rents fall in PhoenixPhoenix rent growth fell for the eighth month, down 0.4 percent on a T3 basis through April to $1,608, while the U.S. rate increased 0.2 percent. Development is still strong, with record new stock anticipated for 2023.
Phoenix rent growth fell for the eighth month, down 0.4 percent on a T3 basis through April to $1,608, while the U.S. rate increased 0.2 percent. Development is still strong, with record new stock anticipated for 2023.
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