Despite apartment absorption falling short of December 2018 and 2017, 2019 ended on solid footing for the local market, which saw a slight rise in occupancy and rents along with positive absorption overall, according to ApartmentData.com.
Dallas Business Journal (January 13, 2020) - Read The Full Article
But ApartmentData.com projects that Houston rents will rise as much as 4 percent in 2020, above the area’s 20-year average annual increase of 3.2 percent. It said rent increases for older, more affordable apartment buildings will likely account for the lion’s share of that growth.
Houston Chronicle (January 8, 2020) - Read The Full Article
The project will add to the 2,702 residential units under construction in the Montrose/Museum/Midtown/Central Houston submarket, according to ApartmentData.com. Rental rates in the submarket are up 4.7 percent since last December, while occupancy has dropped by 1.7 percentage points to 87.6 percent as new buildings have come online, mostly in Midtown.
Houston Chronicle (December 23, 2019) - Read The Full Article
Average rental rates are higher in the Lake Houston/Kingwood submarket as more apartments are developed, Apartment Data Services President Bruce McClenny said.
Houston Community Impact (December 17, 2019) - Read The Full Article
With recent and projected construction efforts, developers were betting on continued job growth and strong wages, Apartment Data Services President Bruce McClenny said.
Houston Community Impact (December 17, 2019) - Read The Full Article
According to ApartmentData.com, a company that provides market information on apartments, there are a total of 48 apartment complexes in the north Conroe and Montgomery area, which includes Willis, the city of Conroe and the area north of Magnolia.
Houston Community Impact (December 17, 2019) - Read The Full Article
Right now, there are 90 apartment communities being building throughout Dallas-Fort Worth, according to the latest ApartmentData.com report.
Dallas Business Journal (November 14, 2019) - Read The Full Article
The DFW apartment stable occupancy rate remains strong at 93.6%. Once the new units are absorbed, rental rate growth is expected to resume, given the area’s projected 2.9% job growth, according to ApartmentData.com.
Globe Street (November 6, 2019) - Read The Full Article
Houston is more affordable and is trailing the rent growth of other markets in a fairly significant way, according to Bruce McClenny of ApartmentData.
Houston Chronicle (November 4, 2019) - Read The Full Article
The complex adds to the nearly 6,000 apartment units already under construction in the downtown, Midtown, Montrose, Heights/Washington Avenue submarkets, according to ApartmentData.com.
Houston Chronicle (October 15, 2019) - Read The Full Article
Rental rates in the Triangle saw a 6.5 percent growth rate over the past 12 months, according to the latest report by ApartmentData.com, bringing average rates to $1,165 per month and $1.20 per square foot.
Triangle Business Journal (October 8, 2019) - Read The Full Article
The increase would be well above the area’s 20-year average annual increase of 3.2 percent, according to a report from multifamily consulting and research firm ApartmentData.com.
Houston Chronicle (October 2, 2019) - Read The Full Article
ApartmentData.com also looked at rental rate growth and absorption in 21 Charlotte-area submarkets during the past three months to determine those segments of the market that are “hottest”.
Charlotte Business Journal (September 17, 2019) - Read The Full Article
Three separate national trackers of rental prices show local rents this month are higher — in varying degrees — when compared to a year ago.
Charlotte Business Journal (September 14, 2019) - Read The Full Article
Despite protests from some North Texans against plans to approve additional multifamily construction in suburban communities, data … Read More
Dallas Business Journal (September 8, 2019) - Read The Full Article
Following the storm, the average apartment rent across the nine ZIP codes that make up Spring and Klein jumped from $956 in June to $981 in September and continued to climb for nearly one year, according to ApartmentData.com, a site that tracks occupancy and rental rates. In July of this year, the number hit $1,031
Houston Community Impact (August 20, 2019) - Read The Full Article
Occupancy in July was 91.7%, up from 91.1% in June, according to the latest report by ApartmentData.com. Apartment occupancy has been near an all-time high for the last three months and continues to increase. The average monthly rent for an apartment increased by $8 in July, ending the month at $978 per month. The average rental rate now is now $1.15 per square foot.
San Antonio Business Journal (August 9, 2019) - Read The Full Article
Rental rate growth and occupancy are holding steady across Dallas-Fort Worth, especially in light of the number of apartments that have opened in the past year, according to a new report by ApartmentData.com.
Occupancy at DFW-area apartments reached 91.8 percent percent in July, according to the company.
Houston Business Journal (August 9, 2019) - Read The Full Article
Many of the apartments are in the west side of the city, off Shadow Creek Parkway or Hwy. 288. That area is a good corridor in to the Texas Medical Center as well, according to Apartment Data Services President Bruce McClenny.
Houston Community Impact (August 1, 2019) - Read The Full Article
New figures from ApartmentData.com show that many Northwest Austin residents pay higher rents than the metrowide average.
Data shows about half of area renters pay more for a two-bedroom unit than; however, rents for one-bedroom units are lower than the metro average.
Houston Community Impact (August 1, 2019) - Read The Full Article
