As the new year begins, we’ve gathered the Top Reports of 2024, showcasing the trends, surprises and standout moments that shaped the U.S. and Phoenix rental market. . 2024 is a record-breaking year, with U.S. apartment completions surpassing 500,000 units for the first time. Despite market uncertainties slowing new starts, the future looks bright, with 2 million units projected by 2028.