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Research & Forecast Report
GREATER PHOENIX | RETAILQ3 2018
1 North American Research & Forecast Report | Q4 2014 | Office Market Outlook | Colliers International
Colliers International | Arizona2390 E. Camelback Road, Suite 100 Phoenix, AZ 85016+1 602 222 5000colliers.com/arizona
The employment-to-permit ratio (E/P) looks at how well supply is keeping up with demand.Equilibrium = 1.2, meaning for every 1.2 jobs added, there’s 1 permit issued.
5.1High 2011
-2.9*Current May-20
-18.0Low (from 2000)
1,333Avg (2010-YTD)
1,757Current May-20 (YTD)
-12.9% YOY
379Trough (from 2010)
Monthly
24,943Peak (from 2010)
414Trough (from 2010)
Yearly
IndexE/P Ratio
2,051Peak (from 2010)
515Avg (2010-YTD)
547Current Apr-20 (YTD)
-50.2% YOY
0Trough (from 2010)
Monthly
PermittingMultifamily (5+)
Current count /average
11,009Current May-20 (YTD)
+8.4% YOY
9,633Peak (from 2010)
0Trough (from 2010)
Yearly
5,574Current May-20 (YTD)
+68.0% YOY
3,099Avg (2010-YTD)
Cooke Multifamily Arizona LandSource Team with Colliers International COOKETEAM.COM
*Covid-19 Impact
2,625Peak (from 2010)
8,451Avg (2010-YTD)
Research & Forecast Report
GREATER PHOENIX | RETAILQ3 2018
2 North American Research & Forecast Report | Q4 2014 | Office Market Outlook | Colliers International