McClenny said the strongest growth is happening in the suburbs, just as it has throughout the pandemic, as people have seemed to rely less on city entertainment affected by pandemic restrictions, and are more likely to work from home, eliminating considerations about long commutes.
Houston Public Media (May 7, 2021) - Read The Full Article
Bruce McClenny, president of ApartmentData.com, attributes this change to increasing demand, which gives landlords the confidence to raise rents.
Austonia (May 6, 2021) - Read The Full Article
In April, the average monthly rent in Austin hit $1,335, according to data from Apartmentdata.com. That represents the highest monthly rent price in nearly two years and a roughly 6% increase in average rent from the start of the year.
Austin NPR Station (May 6, 2021) - Read The Full Article
Austin Business Journal (May 6, 2021) - Read The Full Article Read The Full Article
Raleigh Business Journal (May 6, 2021) - Read The Full Article Read The Full Article
Austin Statesman (April 12, 2021) - Read The Full Article
There was an operating supply of 254,074 apartment units spread across 1,075 communities in metro Austin in March, with an 89.3% occupancy rate, according to ApartmentData.com.
Austin Business Journal (April 12, 2021) - Read The Full Article
A new report from ApartmentData.com shows a 12-month rental rate growth of 5.7%, as of Jan. 31.
Phoenix Business Journal (February 20, 2021) - Read The Full Article
That said, the Casselberry/Winter Springs/Longwood apartment market was among the hottest in the past three months In the Orlando area, according to ApartmentData.com.
Orlando Business Journal (February 20, 2021) - Read The Full Article
That said, the Casselberry/Winter Springs/Longwood apartment market was among the hottest in the past three months In the Orlando area, according to ApartmentData.com.
Orlando Business Journal (February 15, 2021) - Read The Full Article
Submarkets outside of the urban core saw the most rent growth in the area, with neighborhoods adjacent to I-10 including Leon Springs, Boerne and Kerrville seeing an increase of 5.7%, according to ApartmentData.com.
San Antonio Business Journal (February 15, 2021) - Read The Full Article
The Montrose-Midtown-Museum District market area has added over 5,500 luxury units since March 2015, while the stock of more affordable housing fell by about 300 units over the same period, according to figures from ApartmentData.com.
Community Impact Houston (February 6, 2021) - Read The Full Article
“We’re seeing a combination of a kind of urban flight and Houston’s uncanny ability to deliver massive amounts of new inventory at the worst possible time,” said Bruce McClenny, president of ApartmentData.com
Community Impact Houston (January 23, 2021) - Read The Full Article
Heron’s smallest unit lists for $3.52 per square foot — a price “substantially higher” than anywhere else in the city, said Cindi Reed, ApartmentData.com’s regional vice president.
Tampa Bay Times (January 13, 2021) - Read The Full Article
The average occupancy rate was nearly 92 percent in the fourth quarter of 2019 but is expected to decline 1.5 percent this winter, according to a report by ApartmentTrends.com. Rents are also projected to drop 1.2 percent.
San Antonio Express News (January 5, 2021) - Read The Full Article
Then, the cost of renting multifamily units began to drop, says the October 2020 Houston apartment market analysis prepared by ApartmentData.com.
Realty News Report (November 30, 2020) - Read The Full Article
Demand is not as strong as supply as nearly 23,000 units were delivered across the Houston market in the last year, well above historic average of 17,000 units, according to ApartmentData.
Houston Chronicle (November 19, 2020) - Read The Full Article
Then, rates started dropping. According to ApartmentData.com, rents in Greater Houston have declined by 1.7% since the end of March.
Houston Public Media (November 17, 2020) - Read The Full Article
The downtown, Southtown and Brackenridge submarket includes about 8,613 residential units, according to Houston-based ApartmentData.com.
San Antonio Express News (November 17, 2020) - Read The Full Article
Occupancy and rental rates held firm in Dallas-Fort Worth in October as landlords relied more heavily on concessions to attract tenants, new data from ApartmentData.com shows.
Business Now (November 6, 2020) - Read The Full Article
