|
KEEP ME INFORMED |
|
|
 |
|
O'CONNOR REAL ESTATE EVENTS |
|
- Office Forecast Luncheon
September 22, 11:30 a.m. - 1:00 p.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Register Now!
- Apartment Forecast Luncheon
October 20, 11:30 a.m. - 1:00 p.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Register Now!
- Industrial Forecast Breakfast
November 17, 7:30 a.m. - 9:00 a.m.
Location:
Courtyard on St. James, 1885 St. James Place, Houston
Register Now!
» RSVP for an event |
|
|
|
|
|
Houston Apartment Market Update - April 2007May 10, 2007
Houston Apartment Market Update - April 2007
Click here for graphs and a PDF version of the full article.
Despite a monthly increase, Houston occupancy continues to be the lowest of the major Texas markets. However, rental rate increases in April were stronger in Houston than in the other Texas markets; rental rates are at the low end of rents in other markets around the state. Houston demand was strong once again; monthly demand in Houston trailed only Dallas/Fort Worth.
Houston apartment market occupancy gained 0.12 points in April to 88.61%; occupancy is down 2.14 points since this time last year. Rental rates per square foot posted a solid increase of $0.004 psf to $0.837 psf, and are up $0.013 psf over the last year. Average rent per unit increased $3.47 in April, bringing the average to $713.99; average rent per unit has gained $13.40 over the past 12 months. The market absorbed 1,033 units over the month; however, annual absorption remains in the red at -4,009 units.
» Read more Houston 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.
Ask about your FREE 10-Day trial for the most accurate online Texas apartment data today! Click here to sign up or contact Heather Wiesner at 713-375-4262.
|
|
