Daily News: 12-26-25
Developers snap up Arizona land as multifamily supply expected to dwindle by 2027 Developers are closing on vacant land to prepare for a shortage of multifamily housing units as existing supply dwindles over the next couple of years. On Dec. 17, an entity related to Houston-based Hines paid $16.6 million in cash for 14.6 acres […]
Daily News: 12-23-25
Salesforce: Global online holiday sales top $1T by mid-December; U.S. sales up 4% With a week left until Christmas Day, holiday sales are trending upward from last year. New analysis from Salesforce indicates that during the first 45 days of the 2025 holiday season (Nov. 1 and Dec. 15), global online sales have risen 7% […]
Daily News: 12-22-25
NAA’s Bob Pinnegar: 2026 Marks the Turning Point for Multifamily While a familiar refrain in 2024 was “stay alive till 25,” the multifamily industry didn’t see the recovery expected this year. However, the year still brought some wins to the industry and 2026 is positioned for improvement, says Bob Pinnegar, president and CEO of the […]
Daily News: 12-18-25
Phoenix wages and incomes have outpaced apartment rent growth for over three years 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 growth. While Valley incomes and wages have followed a similar trajectory, […]
Daily News: 12-17-25
2026 Predictions: The Year CRE Roars Back to Life After several years of turbulence driven by rising interest rates and economic uncertainty, the stage is finally set for a historic resurgence. Lower borrowing costs, renewed investor confidence, and pent-up transaction demand will ignite what should be the industry’s most significant boom since the recovery that […]
Daily News: 12-16-25
Here’s why the Arizona economy is poised to accelerate The Arizona economy continues to grind along at a slower-than-usual pace. Jobs are rising slowly, with reduced hiring and modestly elevated layoffs weighing on growth. Income is also slowly rising, reflecting the post-pandemic deceleration in employment costs, although taxable sales growth has rebounded. House price increases […]