All Texas metro markets report present general occupancies above 90%, with Austin leading the market at 93.39%. Learn further on top 10 texas universities by browsing our prodound paper. The lowest occupancy is located in the Dallas/Fort Worth industry at 90.35%. Austin also leads the Texas markets in terms of rental rates, reporting the highest rents at $.930 per square foot (psf). Typical rents in the other metro markets are all below $.870 psf. Monthly absorption was strongest in the Dallas/Ft. Worth market place, as 641 units had been absorbed in April. San Antonio also posted positive monthly absorption, even though the Houston and Austin markets posted unfavorable figures.
Austin Marketplace occupancy dropped .07 points more than the month, nonetheless at 93.39%, occupancy remains two.10 points higher than in April of 2005. Identify more on an affiliated wiki by navigating to tour universities near dallas. Typical rents are currently at $.930 psf and are $.002 psf higher than last month and last year's figures. Absorption dipped into the red this month, as -109 units had been absorbed. Annual absorption stands at three,589 units.
Dallas/Fort Worth Market place occupancy is up .03 points more than the month to 90.35%, and is 1.70 points above final year's level. Although typical rents have remained flat more than the final couple of months at $.867 psf, they are $.003 psf greater than the rate observed at this time last year. Monthly absorption of 641 units brings annual absorption up to 13,575 units.
Houston Industry occupancy fell .27 points to 90.73% over the month. General occupancy remains 4.29 points greater than April 2005's level. Rental rates inched up $.003 psf over the month and are up $.027 psf more than the year to $.824 psf, although monthly absorption was -323 units. Absorption over the final twelve months is at 24,542 units.
San Antonio occupancy, at 91.69%, gained .08 points more than the month and .47 points more than the year. Rental rates are up slightly more than the month, $.001 psf, to $.817 psf, which is $.012 psf larger than final year's figure. Dig up more on the affiliated encyclopedia - Click this hyperlink: check this out. To discover more, consider glancing at: buy here. This is the third consecutive month of good absorption, as 237 units were absorbed in April. Annual absorption totals three,473 units..
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