Northmarq: Tucson’s Elevated Absorption Totals Offset the Bulk of the New Units Coming Online
(February 25, 2025) — Northmarq is reporting that while some conditions have softened in the Tucson multifamily market, rents and vacancies have remained within a tight range in recent periods. Developers continued to deliver units rapidly in 2024, but a decade-high absorption level has softened the competitive impact of new units entering the market. Net […]