by Zachery Schmidt - The Center Square July 31, 2026 The state’s job growth ranked 15th in America, the report noted, adding that 13 states nationwide lost jobs year over year in June. June marked the third consecutive month of year-over-year job growth in Arizona. Before the streak, the state previously saw eight consecutive months of year-over-year job loss. Zach Milne, a senior economist for CSI Arizona, told The Center Square this week that states nationwide are seeing sl

The Phoenix apartment market is actively bottoming out, showing clear signs that it is transitioning away from its dramatic multi-year downturn. While average asking rents are still slightly down by roughly 2.2% to 4.2% year-over-year ($1,433 to $1,536 median), the underlying market fundamentals are finally stabilizing. Landlords continue to offer heavy concessions—such as 6 to 8 weeks of free rent—to fill units, but a massive surge in renter demand combined with a shrinking