Northmarq: Market Insights Greater Tucson Multifamily 1Q 2022
Northmarq is reporting Q1 market insight for Tucson Multifamily. Highlights include: Demand for multifamily units in Tucson leveled off during the first quarter, following a year of rapid growth. Vacancy rose, generally in older units, while rents continued to push higher. A healthy labor market is forecast to support operating conditions through the remainder of …
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