“Radical,” “amazing” and “wild” are some terms Bruce McClenny, president of Houston-based Apartment Data Services, uses to describe the multifamily market in 2021.
Houston Business Journal (February 8, 2022) - Read The Full Article
“Radical,” “amazing” and “wild” are some terms Bruce McClenny, president of Houston-based Apartment Data Services, uses to describe the multifamily market in 2021.
Houston Business Journal (February 8, 2022) - Read The Full Article
The median rent in the Austin metro reached $1,569 this month, according to ApartmentData.com.
Austin Business Journal (February 7, 2022) - Read The Full Article
In the Austin area, the median apartment rent was $1,560 in December, according to ApartmentData.com — up 25% from a year prior, an abnormally high jump.
Austin Business Journal (January 21, 2022) - Read The Full Article
Around 8,000 new apartment units could be constructed in complexes across the city in 2022 according to apartmentdata.com, with 7,000 of those likely absorbed already. Apartments downtown and near downtown are among the most popular to rent, but Sousa said that hot streak is also hard to forecast.
Texas Public Radio (January 21, 2022) - Read The Full Article
Bruce McClenny, president of Apartmentdata.com, discussed rent within San Antonio and the absorption, or effectiveness of how occupancy increases, from 2007-21.
“The worst was in 2009, when we had the Great Recession, so rent growth in 2009 was 0.9%,” McClenny said. “But otherwise, you can see that it is kind of in a zone. We had years that it would go up, in ‘11 and ‘15 it would go up to the 4s and the 5 levels, but overall it stays around the 2s and 3s and stays very steady.”
Community Impact (January 21, 2022) - Read The Full Article
The monthly rent for the average apartment in December increased to $1,140, up from more than $988 at the end of 2020 — an 18.2% increase — according to Houston-based data provider ApartmentData.com.
San Antonio Business Journal (January 14, 2022) - Read The Full Article
Nashville’s apartment market is still going strong, according to a new report from ApartmentData.com. Occupancy rates are hovering around 93% (down slightly from last month), and the past year has brought a 24.1% rental rate growth.
Nashville Business Journal (January 14, 2022) - Read The Full Article
According to ApartmentData.com, rents in the Austin metro went up about 25% between December 2020 and December 2021. The median rent for an apartment in Austin hit $1,560 last month, the highest level of all major Texas metros.
Austin Business Journal (January 14, 2022) - Read The Full Article
New numbers from ApartmentData.com show apartment rents in the Austin area went up about 25% between December 2020 and December 2021, as reported by KXAN’s media partners at the Austin Business Journal.
KXAN (January 14, 2022) - Read The Full Article
After a dreary yet stable year for San Antonio’s apartment market in 2020, local rent prices saw a dramatic surge in 2021.
The monthly rent for the average apartment in December increased to $1,140, up from more than $988 at the end of 2020 — an 18.2% increase — according to Houston-based data provider ApartmentData.com.
(January 13, 2022) - Read The Full Article
In Austin, we have seen this cost of living increase reflected in home costs and the price of renting an apartment. The newest data for January from Apartment Data Services shows the average rent for an 875 square foot apartment in Austin is $1,560.
KVUE ABC (January 12, 2022) - Read The Full Article
The apartment market in the Austin area is booming, with a construction pipeline of 126 proposed communities, as of ApartmentData.com’s December report.
Austin Business Journal (January 7, 2022) - Read The Full Article
Occupancy of DFW apartments was 93.5% as of November 2021, according to ApartmentData.com. That’s up from 91% in November 2020.
Dallas Business Journal (January 7, 2022) - Read The Full Article
Renting an apartment in the Metroplex became more challenging and more expensive in 2021, according to numbers from ApartmentData.com.
Fort Worth Star Telegram (January 7, 2022) - Read The Full Article
“In what has been a remarkable bounce-back year for the multifamily industry nationally, the Dallas-Fort Worth market has been the leader in both new supply and apartment demand,” ALN Apartment Data reported in October.
Culture Map (January 7, 2022) - Read The Full Article
Katy, like other suburban markets, is seeing more growth than Inner Loop markets. The Katy and Cinco Ranch areas have seen 9.7% annualized growth, according to December data from ApartmentData.com, which listed it as the fourth-hottest submarket in the Houston area.
Bisnow (December 22, 2021) - Read The Full Article
When considering occupancy and other growth, separate data in December from ApartmentData.com shows that the Houston area has roughly 92% occupancy, with suburban markets, including Lake Houston, Tomball, Katy and Westchase, seeing the most growth over the past three months.
Bisnow (December 17, 2021) - Read The Full Article
The rental market in Houston appears ready to wrap up 2021 by notching a new record – or something close to it — for rental price growth, says Bruce McClenny, president of the marketing research firm, ApartmentData.com.
Realty News Report (December 13, 2021) - Read The Full Article
nother analysis, the November Market Line report from ApartmentData.com, pegs the annualized rent growth rate in the DFW apartment market at 19.6% overall, and an incredible 32.9% in the North Central Expressway/Upper Greenville Avenue apartment submarket of Dallas.
Dallas Business Journal (December 10, 2021) - Read The Full Article
In September, Lake Houston-area rental and occupancy rates peaked with an average rent price of more than $1,174 per month and an occupancy rate of about 93%, according to ApartmentData.com. By comparison, rental occupancy was at about 87% and monthly rental rates averaged $1,033 in October 2019.
Community Impact (November 22, 2021) - Read The Full Article