Local apartment demand echoed trends seen in the single-family arena, with net apartment move-ins rising to 6,300 units in 2012, the highest annual total on record.
Apartment completions rose to a three-year high of 3,010 units, more than twice the year-ago total of 1,160 units.
Forecast for 2013: Apartment demand will remain strong, with new jobs and the need for temporary housing for energy company employees supporting leasing activity.
Read more...San Antonio apartment forecast 2013: Hendricks-Partners via Real Estate Center at Texas A&M
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