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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

The complex is among some 60 apartment properties under construction across the Houston region, according to ApartmentData.com. Rents in the region softened in September, falling 0.8 percent year over year to an average of $1.18 per square foot per month.

Laredo Morning Times (October 31, 2020) - Read The Full Article

In the last year, 82 communities totaling 23,000 units have opened, according to ApartmentData.

Houston Chronicle (October 14, 2020) - Read The Full Article

The average monthly rent of Austin-area apartments fell from more than $1,300 in March to less than $1,225 last month, according to the latest report from ApartmentData.com. Occupancy rates are showing a similar decline.

Austonia (October 14, 2020) - Read The Full Article

Houston apartments remain in a weakened position, due in large part to overall uncertainty in the job market and a surge of new construction adding supply, said Bruce McClenny, president of ApartmentData.com.

Houston Community Impact Newspaper (September 14, 2020) - Read The Full Article

A few months ago, ApartmentData.com President Bruce McClenny noted that the “months of March-April-May and into July are the months where we see more demand.

Realty News Group (September 10, 2020) - Read The Full Article

Throughout the last 12 months, the Northwest Side saw the most completed apartment complexes in the area with 1,699 units, followed by Stone Oak and its surrounding areas with 1,529 units, according to a separate report from Houston firm ApartmentData.com.

Houston Business Journal (August 31, 2020) - Read The Full Article

Throughout the last 12 months, the Northwest Side saw the most completed apartment complexes in the area with 1,699 units, followed by Stone Oak and its surrounding areas with 1,529 units, according to a separate report from Houston firm ApartmentData.com.

Houston Business Journal (August 28, 2020) - Read The Full Article

“The apartment industry as well as many others are still vulnerable to COVID-constrained demand,” says ApartmentData.com. “There are (in Houston) around 22,000 units in lease-up plus another 17,000 units under construction which will face challenging lease-up times.”

Realty News Report (August 28, 2020) - Read The Full Article

Since March, the average monthly rent in Austin has declined by about $37, or around 3%, according to a market report compiled by ApartmentData.com.

Austonia (August 21, 2020) - Read The Full Article

In July, Houston-based ApartmentData.com and Los Angeles-based CBRE reported that the average rent for an apartment unit in Houston fell by 1.3% last quarter and that citywide multifamily occupancy rate dropped 40 basis points, with higher-end developments taking the biggest hit.

Houston Business Journal (August 19, 2020) - Read The Full Article

Apartment rents have fallen 2.2% in Orlando since March 31 due to the pandemic, according to an ApartmentData.com

Orlando Business Journal (August 14, 2020) - Read The Full Article

“Housing is essential, but the amount of Class-A new supply in the pipeline will face challenging lease-up times,” ApartmentData.com President Bruce McClenny said in a statement.

Dallas Bisnow (August 14, 2020) - Read The Full Article

Despite that, apartments rents have dropped 3% or by $39 in the Austin area since March, according to the latest report from ApartmentData.com.

Austin Business Journal (August 11, 2020) - Read The Full Article

In Houston, the average rent typically goes up $5 to $7 a month, but since March, it dropped $5, according to ApartmentData.com.

Houston Chronicle (August 10, 2020) - Read The Full Article

“Absorption in June of 1,263 units is very respectable for any June and is the force behind the firming of rent in Classes B, C and D,” said Bruce McClenny, president of ApartmentData.com.

Houston Business Journal (July 27, 2020) - Read The Full Article