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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
Register Now!
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Dallas/Fort Worth Apartment Market Update - July 2007August 16, 2007
Dallas/Fort Worth Apartment Market Update - July 2007
Click here for graphs and a PDF version of this article.
The Dallas/Fort Worth market recorded yet another increase in occupancy for the month of June; however, out of the four major Texas markets, Dallas/Fort Worth ranks third, just behind market-leaders Austin and San Antonio, respectively, while placing ahead of Houston. Rental rates posted a slight gain over the month, and remain in the high end of Texas rents. Demand held steady in Dallas/Fort Worth, trailing only Houston of the major Texas markets in June.
Dallas/Fort Worth apartment market occupancy was up 0.01 points in June to 90.04%, but has declined 0.20 points since this time last year. Rents per square foot increased $0.002 points over the month to $0.877 psf, and are $0.008 psf higher than one year ago. Rental rates per unit increased $1.26 to $743.91, bringing the annual increase to $8.35. June absorption held strong at 718 units; absorption over the past 12 months has totaled 4,581 units.
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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