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Phoenix Rental Market Report for June 2015

July 19, 2015 By broker

Phoenix Rental Market report for June 2015

RENT Check is the ARMLS® monthly publication which examines the Valley’s current residential single family leasing market.RENT Check also features the RENT Check Quotient™(RCQ) which compares leasing activity to sales.

What’s the RENT Check ?
Quotient (RCQ)? It is the ratio of closed rentals to closed sales. For example, 1:2 (one to two) would mean for every 1 rental, there are 2 closed sales. 1:1 (one to one) would mean that the number of closed rentals and closed sales are the same.

Download the latest Phoenix rental market report here: rent-check-jun-2015

If you have questions about buying or selling a home, call or email Home & Away Realty anytime. We appreciate the opportunity to earn your business.

Filed Under: Phoenix Rental Report

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Dianne Keck
Real Estate Agent - Home & Away Realty

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