Net absorption in the first three month of 2012 was 1,811 units, the strongest first quarter in over ten years, according to Hendricks & Partners.
No major projects were delivered first quarter 2012, marking the first quarter since 2004 where no new stock was brought online. Builders requested permits for 790 multifamily units 1Q 2012, compared to 394 units for 1Q 2011.
Read more...San Antonio apartment 1Q 2012: Hendricks & Partners via Real Estate Center at Texas A&M University
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