Transwestern: Houston multifamily Market Watch June 2015Transwestern: Houston multifamily Market Watch June 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=5742015-06-26T14:29:00Z2015-06-26T08:00:00Z

HOUSTON - Transwesten released the June 2015 Market Watch for Houston multifamily.

The report also contains recent sales, sales statistics and submarket overviews. The chart below shows monthly statistics for the Houston MSA.

Monthly Multifamily Statistics Houston
Category June
Occupancy 91.2%
Price ($/Mo) $956
Rental rate ($/SF/Mo) $1.09
Average size (SF) 877
Number of communities 2,580
Number of units 597,732
Under construction (units) 21,035
Units absorbed (past 12 months) 13,428
% Offering concessions 23%
Average concession package 5.4%

Source: Apartment Data Services Inc.

For more Multifamily statistics, see Houston Market Research.

Houston-The Woodlands-Sugar Land
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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