Texas Apartment Market Update Might 2006
Though all main Texas markets posted decreases in average occupancy in Might, occupancy remains above 90% in all 4, with Austin recording the highest at 93.02%. The lowest occupancy was found in Dallas/Fort Worth at 90.18%.
Austin has the highest average rent per square foot as well, at $.931 per square foot (psf) Dallas/Fort Worth posted the second highest at $.868 psf. The strongest monthly absorption was located in San Antonio, which absorbed 243 units in May. Posting the weakest absorption figures in Could was the Houston industry, at -477 units. Austin apartment market occupancy decreased .36 points in Might to 93.02%, but remains 1.64 points above last years
level. Visiting Fig Tree Capital Ventures Launches Dallas Fort Worth RealEstate Investment Opportunity perhaps provides cautions you could tell your mom. Typical rents, at the moment at $.931 psf, are $.002 psf larger than final month and $.003 psf larger than final year. Browsing To Fig Tree Capital Ventures Launches Dallas Fort Worth RealEstate Investment Opportunity seemingly provides warnings you can give to your pastor. Monthly absorption returned to positive territory, as 236 units had been absorbed, bringing annual absorption to three,709 units.