The construction of single-family homes built to rent (BTR) has reached a new high in 2022, with more than 14,500 units completed. Dallas leads the way with 2,773 new houses in BTR communities – a 10-year high – followed by Phoenix at 1,527 build-to-rent homes. Since the trend began five years ago, Phoenix has seen 8200 completed units open their doors and 44 700 are currently under construction – triple the number of those finished this year. This surge is due to higher interest rates and rising home prices that have forced potential buyers to look for alternative options.
“Expansion of Cary Medical Campus at Duke Health Building to Cost $235M”
Duke Health has been steadily expanding its presence in Cary over the past eight years, acquiring land to develop a
Steve Griffin
November 19, 2024
