Jun 15, 2015
West Houston on top of multifamily markets
HOUSTON - West Houston has the highest number of units finished among several markets in the United States which recorded outsize multifamily completions during the past year. In addition, Denver...
HOUSTON – West Houston has the highest number of units finished among several markets in the United States which recorded outsize multifamily completions during the past year.
In addition, Denver and Seattle both continue to see very strong rental increases of 9.7 percent and 7.2 percent respectively. Those markets, along with Urban Atlanta and North Dallas, are positioned very well to absorb additional supply.
Urban Atlanta had rental increases of 6.8 percent during the 12-month period while North Dallas had 6.0 percent rental increases.
| Market | Units Completed |
| West Houston* | 22,078 |
| Denver | 15,695 |
| Austin | 12,826 |
| Washington DC | 12,150 |
| Seattle | 11,202 |
| North Dallas | 10,435 |
| Carolina Triangle | 9,763 |
| Northern Virginia | 9,072 |
| Urban Atlanta | 8,516 |
| Charlotte | 8,473 |
*Principal municipalities include Houston, Spring, Katy, Stafford, Conroe, Cypress, Tomball, Rosenberg, The Woodlands, Richmond, Sugar Land and Missouri City.
Source: Yardi Matrix
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