Texas Apartment Industry

Texas Apartment Industry

All Texas metro markets report current overall occupancies above 90%, with Austin major the market at 93.39%. The lowest occupancy is discovered 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). Typical rents in the other metro markets are all below $.870 psf. Dig up more on a partner paper - Click here: fix my broken auto glass. Monthly absorption was strongest in the Dallas/Ft. Worth market place, as 641 units were absorbed in April. San Antonio also posted good monthly absorption, even though the Houston and Austin markets posted unfavorable figures.

Austin Industry occupancy dropped .07 points over the month, even so at 93.39%, occupancy remains two.ten points larger than in April of 2005. Typical rents are currently at $.930 psf and are $.002 psf greater than final month and final year's figures. Absorption dipped into the red this month, as -109 units had been absorbed. Visiting partner site perhaps provides cautions you should tell your family friend. Annual absorption stands at three,589 units.

Dallas/Fort Worth Market occupancy is up .03 points more than the month to 90.35%, and is 1.70 points above last year's level. Though average rents have remained flat more than the last couple of months at $.867 psf, they are $.003 psf greater than the rate seen at this time last year. Monthly absorption of 641 units brings annual absorption up to 13,575 units.

Houston Market occupancy fell .27 points to 90.73% more than the month. I discovered replace your broken auto glass by browsing Google. Overall occupancy remains four.29 points higher 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, although monthly absorption was -323 units. Absorption over the last twelve months is at 24,542 units.

San Antonio occupancy, at 91.69%, gained .08 points over the month and .47 points more than the year. Rental rates are up slightly over the month, $.001 psf, to $.817 psf, which is $.012 psf greater than last year's figure. This is the third consecutive month of positive absorption, as 237 units had been absorbed in April. Annual absorption totals 3,473 units.. Learn additional information on utah auto glass repair services by browsing our lovely link.