Houston Apartment Market Update July 2013 via O’Connor & Associates

Key metrics for the Houston area multifamily sector recorded mostly positive changes in July 2013.

Occupancy figures recorded positive changes for all classes over the month except for Class A. Over the month, Class A recorded a decrease of 0.10% to close at 94.97%. The largest monthly increase was noted for Class C properties (0.25%). For Class A properties the average went down by 0.07% over the year. The largest annual increase was noted for Class C properties with an average increase of 2.90% to close at 87.93%.

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