Multifamily builders continued adding to apartment stock in 2014, though completions decreased 22.4 percent in the last 12 months.
Substantial growth in the job market spurred apartment demand as absorption surged 41.1 percent in 2014 with 4,360 additional units occupied. A significant number of renters gravitated to the outskirts of the metro area, as nearly one-third of metrowide leasing activity was in the Bexar County/Other submarket.
Read more...San Antonio Hendricks-Berkadia 2014 apartment review
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.