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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
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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
Register Now!
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Dallas/Fort Worth Apartment Market Update - May 2007June 12, 2007
Dallas/Fort Worth Apartment Market Update - May 2007
Click here for graphs and a PDF version of the full article.
The Dallas/Fort Worth market recorded an increase in occupancy in May; however, occupancy is still only higher than in the Houston market. Rental rates posted a modest increase over the month, and remain in the high range of Texas rents. Demand in Dallas/Fort Worth was the strongest of the major Texas markets in May.
Dallas/Fort Worth apartment market occupancy was up 0.09 points in May to 89.99%, but has declined 0.36 points since this time last year. Rents per square foot remained the same over the month at $0.875 psf, and are $0.007 psf higher than one year ago. Rental rates per unit increased $0.50 to $742.62, bringing the annual increase to $8.14. May absorption was strong at 835 units; absorption over the past 12 months is 2,287 units.
» Read more Dallas/Fort Worth 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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