Apartment Market Inventory (50+ Units):
Phoenix, Mesa, Tempe, Glendale, Scottsdale, Chandler, Gilbert and Peoria
Maricopa and Pinal
The apartment development market is progressing full on. It happens at some point in every market ascension, but it’s no less exciting to see the most current action. In some markets, the action is intense.
Employment growth attractively contradicts national numbers in a few select markets. Among Pierce-Eislen’s 54 markets, 2012 employment growth exceeded 2.0% in 19 markets.
During the most recent reported employment statistics period these twenty-two markets illustrated the most robust growth.
Among Pierce-Eislen’s market coverage, a few markets that, in the face of much discussion relating to planned development, are still considerably behind the development curve.
Markets forecasted to most aggressively increase apartment rents – 2012 over 2011 – range considerably in Geography