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O'CONNOR REAL ESTATE EVENTS |
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- Office Forecast Luncheon
September 22, 11:30 a.m. - 1:00 p.m. Location: Courtyard on St. James, 1885 St. James Place, Houston
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- Apartment Forecast Luncheon
October 20, 11:30 a.m. - 1:00 p.m. Location: Courtyard on St. James, 1885 St. James Place, Houston
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- Industrial Forecast Breakfast
November 17, 7:30 a.m. - 9:00 a.m. Location: Courtyard on St. James, 1885 St. James Place, Houston
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San Antonio Apartment Market Update - April 2007May 10, 2007
San Antonio Apartment Market Update - April 2007
Click here for graphs and a PDF version of the full article.
The San Antonio market posted a decline in occupancy in April; however, occupancy continues to post high numbers relative to other Texas markets. Despite a small increase in average rental rates per square foot, San Antonio remains at the bottom of the major Texas markets. Demand was strong in San Antonio in April; monthly absorption figures were average compared to other Texas markets.
San Antonio apartment market occupancy was down 0.14 points in April to 90.18%, and is 1.53 points lower than one year ago. Rental rates per square foot gained $0.001 psf to $0.833 psf, and are up $0.016 psf since this time last year. Rent per unit increased $0.77 to $671.09, and is $14.91 higher than it was 12 months ago. Monthly absorption was strong at 343 units; the market has absorbed 1,131 units over the past year.
» Read more San Antonio apartment trends
ApartmentLink is your best source for apartment market data in Houston, Dallas/Ft. Worth, Austin and San Antonio. With information on owners, occupancy, rent, ammenities, detailed property information, comparable information, and much more, ApartmentLink provides vital apartment information for on-site managers, vendors, brokers, owners and investors. The database is available online at oconnordata.com.
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