All metrics for the Austin area multifamily sector recorded both positive and negative changes in December 2013.
Occupancy figures recorded both positive and negative figures for the classes for the month. Class A properties reported a decrease of 0.26% over last month, and 0.07% over last year. The largest increase over the month was recorded for Class D reporting an increase of 0.78%. The largest increase over the year was noted for Class B with an increase of 0.28%.
Read more...Austin Apartment Market Update December 2013