Phoenix Metro Rents on the Rise



The article, Phoenix single-family rent prices soar, driven by employment growth, from the Phoenix Business Journal, reports that the Phoenix areasaw the second-highest increase in single-family home rental prices across the country with a 5.5 percent hike year-over-year, according to April data released by CoreLogic Inc. Las Vegas had the highest year-over-year single-family home rental price increase at 5.9 percent in April, and Orlando, Florida, trailed Phoenix with a 5.3 percent increase, CoreLogic reported

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