Multifamily overall occupancy ticked upwards over the last three months from 89.3 percent to 89.4 percent. The market absorbed almost 1,000 net rented units in that time.
Over the last year, the region has absorbed almost 4,800 units. Effective rents however stayed flat in the last three months. They gained a mere $5 per unit from $849 to $854.
Read more...San Antonio ALN apartment report March 2015 via Real Estate Center at Texas A&M
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