The Greater Phoenix RENT Check™ statistical data originates with ARMLS’s monthly publication addressing the Phoenix Valley’s residential single family leasing market.
This rental home report features the Rent Check Quotient™ (RCQ™) derived by dividing the number of leases by the number of closed home sales as reported in STAT. Elevated lease activity is stoked by high foreclosures, which turn home owners into renters, and investor sales into rentals rather than owner occupied houses.
Click here to view the Valley’s latest single family home rental statistics.
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