Key metrics for the Houston area multifamily sector recorded both positive and negative changes in August 2014.
Occupancy figures for the classes recorded both positive and negative changes over the month. Class A recorded a decrease of 0.34% from previous month. The average went down by 1.59% over the year for Class A properties. The largest annual increase was noted for Class C properties with an average increase of 0.71% to close at 89.26%.
Read more...Houston Apartment Market Update August 2014