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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
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!
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San Antonio Apartment Market Update - May 2007June 12, 2007
San Antonio Apartment Market Update - May 2007
Click here for graphs and a PDF version of the full article.
The San Antonio market posted an increase in occupancy in May; occupancy remains high compared to the other major Texas markets. While average rental rates per square foot continued their upward trend, San Antonio rents remain below the rest of the state. May demand was strong in San Antonio; monthly absorption figures trailed only Dallas/Fort Worth among the major Texas markets.
San Antonio apartment market occupancy increased 0.52 points in May to 90.70%; however, occupancy has fallen 0.66 points over the last year. Rental rates per square foot gained $0.002 psf to $0.835 psf, and are $0.019 psf higher than this time last year. Rent per unit rose $2.06 over the month to $673.15, and is up $17.37 over the year. May absorption was 607 units, bringing annual absorption to 1,493 units.
» 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.
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.
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