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ALN apartment 3Q cities: Tex., Fla., Ariz.ALN apartment 3Q cities: Tex., Fla., Ariz.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=57542013-11-12T08:37:00Z2013-11-12T00:00:00Z

AUSTIN, CORPUS CHRISTI, HOUSTON - ALN Apartment Data has released its third quarter 2013 review of overall occupancy and effective rent. The sample includes Austin, Corpus Christi, Houston and Texas. Two cities each are listed in Florida and Arizona.

The sample overall market summary below includes properties in initial lease-up.

3Q 2013 Overall Market Summary*
Metro Occupancy Effective Rent
  Sept. '12 Sept. '13 % Chg. Sept. '12 Sept. '13 % Chg.
Austin 95.0% 94.5% -0.5 $937 $1,010 7.8
Corpus Christi 96.1% 95.5% -0.6 $767 $821 7.0
Houston 92.4% 92.6% 2.0 $817 $869 6.4
Texas Avg.** 92.4% 92.9% 0.5 $822  $870 5.8
Melbourne 92.8% 94.5% 1.8 $709  $758 6.9
Pensacola 91.5% 93.4 2.1 $787 $829 5.3
Florida Avg.** 92.7% 93.1% 0.4 $853 $893 4.7
Phoenix 91.8% 92.2% 0.4 $713 $743 4.2
Tucson 90.6% 89.8% -0.9 $605 $617 2.0
Arizona Avg. 91.5% 91.8% 0.3 $693 $719 3.8

*Statistics reflect only conventional, midrise and high-rise apartment communities. Income restricted, student housing or senior independent housing are not included.
**All cities surveyed are included in the state average.

Read more at ALN Apartment Data.

ALN Apartment Data
Texas
Multifamily
http://alndata.com/%5cmarket_news.phpRead more at {Source}

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