Rent increases slowing?

[CJ Ashton]

This article contends that the upward march of rent prices we've been seeing for the last few years may be tapering.  Anecdotally, it seems a ton of new supply is coming on in the South East Metro Phoenix Area (Gilbert, Chandler).  It seems like everywhere I look there are huge apartment complexes being built.

To a certain degree, I would expect some of this downward pressure to spill over into the single-family market.

https://finance.yahoo.com/news/another-part-real-e...