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Phoenix Defies National Slowdown with Surge in Multifamily Construction Permits

PHOENIX — While multifamily construction starts slowed nationwide this summer, Phoenix continues to buck the trend with a substantial rise in building activity, according to the latest data through May 2025. The Valley saw an increase of 826 multifamily permits year-over-year, a surge fueled by the region’s sustained population growth and high rental demand. This positions Phoenix among the top… Source
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All About Arizona News broke the news in on Sunday, August 3, 2025.
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