Texas Apartment Marketplace
All Texas metro markets report current general occupancies above 90%, with Austin leading the marketplace at 93.39%. Browse here at apartment locators on-line to discover the meaning behind this idea. The lowest occupancy is identified in the Dallas/Fort Worth market at 90.35%. Austin also leads the Texas markets in terms of rental rates, reporting the highest rents at $.930 per square foot (psf). Average rents in the other metro markets are all beneath $.870 psf. Monthly absorption was strongest in the Dallas/Ft. Worth market, as 641 units were absorbed in April. San Antonio also posted positive monthly absorption, whilst the Houston and Austin markets posted negative figures.
Austin Marketplace occupancy dropped .07 points more than the month, nevertheless at 93.39%, occupancy remains two.ten points higher than in April of 2005. Browse here at discount movers to check up when to flirt with it. Typical rents are at the moment at $.930 psf and are $.002 psf greater than final month and last year's figures. Absorption dipped into the red this month, as -109 units were absorbed. Navigating To grapevine apartment movers maybe provides aids you could give to your mother. Annual absorption stands at 3,589 units.
Dallas/Fort Worth Market occupancy is up .03 points over the month to 90.35%, and is 1.70 points above final year's level. Though typical rents have remained flat more than the final couple of months at $.867 psf, they are $.003 psf greater than the rate observed at this time last year. Learn more on this affiliated wiki - Click here: follow us on twitter. Monthly absorption of 641 units brings annual absorption up to 13,575 units.
Houston Market occupancy fell .27 points to 90.73% over the month. General occupancy remains four.29 points greater than April 2005's level. Rental rates inched up $.003 psf more than the month and are up $.027 psf more than the year to $.824 psf, even though monthly absorption was -323 units. Absorption more than the final twelve months is at 24,542 units.
San Antonio occupancy, at 91.69%, gained .08 points more than the month and .47 points over the year. Rental rates are up slightly more than the month, $.001 psf, to $.817 psf, which is $.012 psf larger than last year's figure. This is the third consecutive month of good absorption, as 237 units were absorbed in April. Annual absorption totals three,473 units..