All Texas metro markets report existing overall occupancies above 90%, with Austin major the market place at 93.39%. 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). Average rents in the other metro markets are all beneath $.870 psf. Monthly absorption was strongest in the Dallas/Ft. Worth market place, as 641 units were absorbed in April. San Antonio also posted positive monthly absorption, although the Houston and Austin markets posted negative figures.
Austin Industry occupancy dropped .07 points more than the month, nevertheless at 93.39%, occupancy remains two.10 points larger than in April of 2005. Typical rents are at present at $.930 psf and are $.002 psf higher than last month and final year's figures. Absorption dipped into the red this month, as -109 units were absorbed. Annual absorption stands at three,589 units.
Dallas/Fort Worth Market occupancy is up .03 points more than the month to 90.35%, and is 1.70 points above last year's level. Though average rents have remained flat more than the final handful of months at $.867 psf, they are $.003 psf higher than the rate noticed at this time last year. Get more on the affiliated portfolio - Click this website: study junior colleges in texas. Monthly absorption of 641 units brings annual absorption up to 13,575 units.
Houston Market place occupancy fell .27 points to 90.73% more than the month. Should you choose to identify new information about internet top 10 texas universities, there are many databases people can pursue. Overall occupancy remains 4.29 points larger than April 2005's level. If you claim to identify more on check this out, we recommend many databases you might think about investigating. Rental rates inched up $.003 psf more than the month and are up $.027 psf more than the year to $.824 psf, even though monthly absorption was -323 units. Absorption over the last twelve months is at 24,542 units.
San Antonio occupancy, at 91.69%, gained .08 points more than the month and .47 points over the year. Rental rates are up slightly more than the month, $.001 psf, to $.817 psf, which is $.012 psf higher than final year's figure. This is the third consecutive month of good absorption, as 237 units were absorbed in April. Annual absorption totals three,473 units..