Austin multifamily submarket trends 3Q17Austin multifamily submarket trends 3Q17https://www.recenter.tamu.edu/news/newstalk-texas/?Item=183182017-11-14T06:00:00Z2017-11-14T23:10:00Z


AUSTIN AREA – As job growth in Austin slows this year and the labor market tightens, the apartment market shows signs of stabilizing. 

Healthy in-migration trends and employment gains are producing strong demand for units and development will reach a new peak in 2017. 

Housing needs are rising in the market as new households are formed at a stable pace, and net absorption reaches one of its highest levels in the last ten years as more than 10,200 units are filled. ​​

The graphic reflects 3Q 2017 from the 4Q 2017 report.
Marcus & Millichap Real Estate Investment Services
Austin-Round Rock
http://www.marcusmillichap.com/research/researchreports/reports/2017/10/31/austin-apartment-research-reportSource: {Source}

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