Construction Coverage finds the region’s average construction value per authorized unit at $242,315—below the U.S. average—with 45,884 units permitted and 34% of them multifamily. The piece frames affordability headwinds (higher prices and rates) and shows Phoenix building comparatively cost-efficient new supply.
Source: https://azbigmedia.com/business/metro-phoenix-ranks-no-17-in-affordable-housing-study/
