Arizona ranks 8th among fastest-growing states, US census bureau data shows

An ASU real estate expert explains why housing availability may tighten in the years ahead.

In this article published May 15, 2026, on ABC15 Arizona:

If we continue to have employment growth and population growth, and we've slowed down new construction, those units will absorb, and we'll be back to the place we were several years ago, where we're now on a trajectory to have a shortage of units.

— Mark Stapp, Fred E. Taylor Professor in Real Estate, executive director of the Master of Real Estate Development program, and director of the Experiential Learning Lab