HiggsBarfield194

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Although all main Texas markets posted decreases in typical occupancy in Might, occupancy remains above 90% in all 4, with Austin recording the highest at 93.02%. The lowest occupancy was identified in Dallas/Fort Worth at 90.18%.

Austin has the highest typical rent per square foot as nicely, at $.931 per square foot (psf) Dallas/Fort Worth posted the second highest at $.868 psf. The strongest monthly absorption was found in San Antonio, which absorbed 243 units in Might. Posting the weakest absorption figures in May possibly was the Houston industry, at -477 units. Austin apartment market place occupancy decreased .36 points in May to 93.02%, but remains 1.64 points above final years

level. Typical rents, currently at $.931 psf, are $.002 psf higher than last month and $.003 psf higher than final year. Monthly absorption returned to positive territory, as 236 units had been absorbed, bringing annual absorption to 3,709 units.

Dallas/Fort Worth apartment market place occupancy was down .17 points more than the month. At the moment at 90.18%, occupancy is 1.46 points larger than this time last year. Typical rents elevated $.001 psf to $.868 psf, and are $.005 psf greater than Might 2005 levels. The marketplace absorbed 216 units over the month annual absorption now totals 13,468 units.

Houston apartment market occupancy fell .19 points more than the month to 90.57%, but has gained three.75 points since this time last year. Rental rates gained $.001 psf in Might and are up $.026 psf over the year. Absorption over the month was -477 units nonetheless, over-the-year absorption remains well in the black at 22,628 units.

San Antonio occupancy decreased .31 points to 91.38%, and is up .17 points more than the year. Rental rates posted a reduce of $.002 psf over the month, but are up $.010 psf given that May possibly 2005. Absorption was positive for the fourth month in a row, at 243 units, whilst annual absorption stands at 3,792 units. Even though all key Texas markets posted decreases in typical occupancy in Might, occupancy remains above 90% in all four, with Austin recording the highest at 93.02%. The lowest occupancy was found in Dallas/Fort Worth at 90.18%.

Austin has the highest typical 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 discovered in San Antonio, which absorbed 243 units in Could. Posting the weakest absorption figures in Could was the Houston marketplace, at -477 units. Austin apartment market occupancy decreased .36 points in Might to 93.02%, but remains 1.64 points above final years

level. Average rents, at the moment at $.931 psf, are $.002 psf greater than final month and $.003 psf higher than final year. Monthly absorption returned to good territory, as 236 units had been absorbed, bringing annual absorption to 3,709 units.

Dallas/Fort Worth apartment marketplace occupancy was down .17 points more than the month. Presently at 90.18%, occupancy is 1.46 points higher than this time last year. Average rents elevated $.001 psf to $.868 psf, and are $.005 psf greater than Might 2005 levels. The market place absorbed 216 units over the month annual absorption now totals 13,468 units.

Houston apartment market occupancy fell .19 points more than the month to 90.57%, but has gained three.75 points because this time last year. Rental rates gained $.001 psf in Could and are up $.026 psf over the year. Absorption more than the month was -477 units nonetheless, over-the-year absorption remains properly in the black at 22,628 units.

San Antonio occupancy decreased .31 points to 91.38%, and is up .17 points more than the year. Rental rates posted a decrease of $.002 psf more than the month, but are up $.010 psf since Could 2005. Absorption was good for the fourth month in a row, at 243 units, while annual absorption stands at 3,792 units.