Phoenix Rental Market Report for August 2016
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: Rent report for August-2016
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