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Phoenix Apartments Post Strongest Quarterly Gain Since Mid-2022

March Extends Monthly Rent Growth Streak
CoStar Analytics
April 30, 2024 | 8:40 P.M.

Average asking rent growth in Phoenix's apartment market remained modestly positive in March, up 0.03% for the month, while rents rose 0.7% overall in the year's first quarter, the most significant three-month increase since the second quarter of 2022.

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