Phoenix Rental Market Report for October 2017

RENT Check is the ARMLS® monthly publication which examines the Valley’s current residential single family rental 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: Rental Report for October 2017