Most key metrics of the San Antonio area multifamily sector recorded positive changes in September 2013.
The occupancy figures recorded positive values for all the classes except for Class D properties. For class D properties, occupancy continued to decrease by 0.48% over the month to close at 90.32%; and increased by 0.33% over the year. For Class A properties, occupancy went up by 0.27% over the month and decreased by 0.50% over the year to close at 94.12%. The largest annual increase was noted for Class C with an increase of 0.36% to close at 91.41%.
Read more...San Antonio Apartment Market Update September 2013