Connor Devereux serves as Senior Director of Market Analytics at CoStar and Homes.com, where he delivers insight on commercial and residential real estate trends for Arizona and Reno, Nevada.With over a decade of experience professionally analyzing r...
Connor Devereux serves as Senior Director of Market Analytics at CoStar and Homes.com, where he delivers insight on commercial and residential real estate trends for Arizona and Reno, Nevada.
With over a decade of experience professionally analyzing real estate markets, Connor has deep knowledge of the fundamental drivers defining property and investment performance as well as the key factors shaping the outlook. He also provides insights into home prices, inventory levels, rental conditions, and economic factors informing the housing market.
He is a frequent speaker at industry conferences, podcasts, and client events, and his analysis has been quoted in numerous publications.
Born and raised in Phoenix, Connor earned his triple major from the University of Arizona, focused on business economics and data analytics.
Newly released data from the U.S. Census Bureau reiterates the Valley’s strong demographic profile and provides deeper insight into where population gains are happening.
Phoenix emerged as a popular relocation option for Southern California logistics users over the past five years, as a sharp run-up in Inland Empire rents pushed the cost spread between the two ...
The average asking rent at Phoenix multifamily properties ticked up 0.1% in the month of March, extending a four-month winning streak that began in December of last year.
After losing ground in 2024, the Phoenix medical office market regained its footing last year as demand rebounded, vacancy compressed and investing strengthened. Supported by steady demographic ...
Sales volume for Phoenix commercial real estate properties increased 13% year over year to about $14 billion in 2025. This marks the second consecutive year with accelerating deal flow, building on ...
The average asking rent for Phoenix apartments remained unchanged in February, maintaining the slow-and-steady performance seen over the past few months.
Newly released data from the U.S. Census Bureau reaffirms that, even with moderation from the previous year, Arizona remains among the nation’s top demographic performers.
After a turbulent few years marked by pandemic-driven supply imbalances, Reno, Nevada’s apartment market is continuing its steady climb back toward stability. Taking 2024 as an inflection point and ...
Following rapid increases in the years following the onset of the pandemic, Phoenix apartment rents have swiftly reversed course, with 2025 shaping up to be the third consecutive year with negative ...
The total amount of office space available for lease in Phoenix decreased to about 34 million square feet in the third quarter of 2025, down from more than 36 million square feet in early 2024.
Phoenix apartment rents slipped another 0.4% in November, extending the market’s losing streak to 10 consecutive months. Asking rents are now down 3.2% year-to-date, double the 1.6% decline recorded ...