Multifamily development picks up despite falling demand

Senior Managing Partner, ABI Multifamily . Thomas M. Brophy Director of Research, ABI Multifamily . As of the end of 2015, the Phoenix metro multifamily market surpassed $3.8 billion in total sales volume. This is up 34 percent Y-O-Y and almost 265 percent from 2010 sales volume reaching a total of just over $1 billion.

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