Wednesday, February 3, 2016

Austin's apartment market gears up for another robust year, report says via Austin Business Journal

Austin's apartment market is as strong as ever and gearing up for another huge round of development, according to the latest Austin Multi-Family Trend Report published by Austin Investor Interests LLC.

Even as thousands of units have been added to the apartment inventory in the past three years, another 15,000 units are expected to be delivered in 2016. Apartments are being leased up as soon as they are finished, and rents continue an upward trek, though perhaps more slowly, especially among luxury product.

Read more...Austin's apartment market gears up for another robust year, report says - Austin Business Journal

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