San Antonio Apartment Market Update - July 2007

Topics:
Market Studies,
Property Analysis
Tags:
Apartment,
O'Connor & Associates,
Texas
Source:
O'Connor & Associates

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Overview: The San Antonio market registered the largest monthly occupancy increase of all major Texas markets; San Antonio occupancy and is second only to the Austin market. Average rental rates in San Antonio declined in July, and remain the most affordable of all major Texas markets. Monthly absorption was once again positive in San Antonio, though demand trailed both the Houston and Dallas/Fort Worth markets. San Antonio apartment market occupancy climbed 0.20 points over the month, and is up 0.12 points over the last 12 months to 91.07%. Though rental rates per square foot fell $0.001 psf in July to $0.838 psf, they remain $0.017 psf above last year's level.

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Format: PDF | Size: 77KB | Date: Jul 2007 | Pages: 1


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