Slowing apartment demand coincided with the deceleration in hiring last year as 2,820 apartments were absorbed compared to 3,600 newly occupied units in 2012, according to Hendricks-Berkadia.
Builders delivered 4,960 apartments in 2013, the largest number of completions since 6,960 units were built in 2006. Approximately 40 percent of the deliveries were in northern San Antonio.
Read more...San Antonio apartment 2013: Hendricks-Berkadia via Real Estate Center at Texas A&M
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