Phoenix 2026 Multifamily Investment Forecast

Jan 1, 2026

Phoenix multifamily completions are projected to fall nearly 50% across the metro in 2026, with the East Valley leading vacancy improvement as a construction pullback tempers softness in the West.

Multifamily Phoenix Arizona U.S. National

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Canada Employment

Canada's labour market rebound supports commercial real estate stability, with the economy adding 88,000 jobs in May, the largest monthly gain since late 2024.

Economy

Canada

U.S. National