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Multifamily metrics for Texas metrosMultifamily metrics for Texas metroshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=216072018-12-13T06:00:00Z2018-12-14T00:20:00Z

​​​​​​​PHOENIX – Economic strength continues to be the main driver for apartment demand nationally and throughout Texas, according to Yardi Matrix's Multifamily National Report​ for 2018.

The report noted that a strong economy in locations such as Austin mean both rent growth and occupancy continue steady, even with extra supply. 

Austin's apartment rent grew 3.5 percent year over year as of November. It is forecast to grow 2.1 percent by year-end 2019. Occupancy was 94.9 percent as of October.

In Dallas, yearly rent growth was 2.1 percent last month and is expected to grow 4.4 percent next year. Occupancy was 94.6 percent in October.

Rents in Houston grew 1.3 percent year over year in November, and occupancy was 93.3 percent in October. Apartment rents are predicted to grow 2.4 percent in 2019. 

San Antonio's apartment rent grew 2.2 percent year over year as of November. Rents should grow 1.9 percent next year. Occupancy​ was 93.4 percent in October 2018. 

Apartment metrics for Texas metros, including Austin, Dallas, Houston, and San Antonio.
Connect Media
Texas
Multifamily
https://www.connect.media/mf-rent-growth-forecast-mixed-across-tx-metros/#prettyPhoto

​Check out more Multifamily Market Research for Austin-Round Rock, DFW, Houston-The Woodlands-Sugar Land, and San Antonio-New Braunfels​.

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