Market Summary
Key metrics for the Houston area multifamily sector recorded both positive and negative changes in September 2013.
Occupancy figures mostly recorded negative changes for the classes over the month. Class A recorded a decrease of 0.21% to close at 94.88%. The largest monthly increase was noted for Class C properties (0.41%). For Class A properties the average went down by 0.15% over the year. The largest annual increase was also noted for Class C properties with an average increase of 3.05% to close at 88.94%.
Read more...Houston Apartment Market Update September 2013
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