In Archer's world, we use real estate stats to determine winners, and Phoenix is the clear winner when it comes to multifamily rental rate growth.
The sector is supported by strong job growth and population growth.
Employment in Maricopa County, where Phoenix is located, will outpace the nation for the next eight years at 1.9% annually, according to the Arizona Office of Economic Opportunity.
And Phoenix has ranked number one in the nation in population growth for the past five years, according to the Census Bureau. The city now tops 1.7 million residents, while Maricopa County is home to more than 4.6 million people.
