Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Phoenix Tops Nation in BTR Deliveries
According to the latest Point2Homes Build-to-Rent report, Phoenix ranks #1 nationally for both the number of Build-to-Rent units delivered in 2024 and the number of units delivered over the past five years, marking an impressive 309% BTR inventory increase compared to 2019.
The entire BTR sector reached a historic high, with 39,000 new units completed in 2024, a 15.5% increase from 2023 and ten times higher than 2015. This expansion is set to continue, with nearly 110,000 single-family rental homes currently in the pipeline across the country. Phoenix will remain a key player, with more than 13,000 additional homes planned or under construction in the coming years.
Last year, Phoenix added 4,460 new single-family rentals to its BTR inventory — the highest total of any metro. Phoenix also holds the record for most BTR units delivered since 2020 — a total of 12,702.
Phoenix is followed by two other Southern powerhouses — Dallas delivered 3,197 new house rentals in 2024, while Atlanta expanded its rental inventory by more than 3,000 units.
Better Experience, Better Cash Flow: Be at Connect Phoenix Multifamily, SFR & BTR on April 10th to hear from U-Haul Holding Company’s Vice Chairman, Sam Shoen, when he takes the stage with leading names from Asset Living, Mark-Taylor Residential, and Moved to share insights into how the industry’s leaders are improving tenant relations and retention, while also boosting revenue generation. Register to be there! www.ConnectPHXMF2025.com | April 10, 2025 | The Westin Kierland Resort & Spa, Scottsdale.
- ◦Economy

