The median rent payment in Phoenix grew by 26% year over year.

Home values went up faster than taxes, shooting up 7.9% on average.

The hope is that absorption can match deliveries by the end of the second quarter.

Ultimately, consumers may find fewer choices at their grocery store.

It was the highest number since 2010.

The partner is an unnamed sovereign wealth fund.

The REIT gets kudos for closing the deal in a challenging capital markets environment.

Many cities' homes are overpriced by 40% while rent premiums are as high as 15%.