In The News

The number of homes sold declined year over year in September for half of the Conroe and Montgomery area ZIP codes.

Houston Community Impact (November 4, 2021) - Read The Full Article

A new report from Apartment Data Services shows that Austin’s rent is the highest out of all the major cities in Texas. Here’s a breakdown of the average monthly rent for the state’s biggest cities:

KVUE ABC (November 4, 2021) - Read The Full Article

Austin’s multifamily pipeline is fairly robust. According an October report from ApartmentData.com, 52 apartment communities were under construction in the Austin metro, with another 125 proposed. Combined those would bring 51,457 new units to the market.

Austin Business Journal (November 4, 2021) - Read The Full Article

The West Lewisville/Flower Mound and East Plano/Richardson round out the three hottest DFW submarkets of the 37 that ApartmentData tracks, with annualized growth of 27.4% and 25.1%, respectively.

Dallas Business Journal (November 4, 2021) - Read The Full Article

According to ApartmentData.com’s November Market Line Report, the San Marcos/Kyle/Buda area has been the hottest of Greater Austin’s 11 submarkets over the last three months. And as Austin workers continue to get priced out of the city center and San Marcos’ Hays County continues to grow, the region’s rental submarket has seen 29.1% annualized growth in that time period.

Austonia (November 3, 2021) - Read The Full Article

Landlords aren’t seeing a seasonal slowdown and most expect some degree of growth to continue, according to the November Market Line report from ApartmentData.com.

Dallas Business Journal (November 3, 2021) - Read The Full Article

According to ApartmentData.com, Houston rent is growing at a slower rate than other Texas cities, especially Austin, which had almost 30% rent growth over the past year. The report also suggests multifamily residential growth continues to be clustered in suburbs as rents and occupancy in the city stagnate somewhat.

Houston Bisnow (November 2, 2021) - Read The Full Article

In September, metro-wide apartment occupancy was at 92.7%, according to ApartmentData.com.

Austin Business Journal (October 19, 2021) - Read The Full Article

Meanwhile, the metro has absorbed more than 33,000 apartment units over the past 12 months, according to ApartmentData.com.

Houston Bisnow (October 19, 2021) - Read The Full Article

The nation’s unemployment rate reached 4.8% in September, down from 7.8% in September 2020, according to the U.S. Bureau of Labor Statistics. This drop has fueled a demand for apartments, which is part of what has driven the rental rate increase in 2021, ApartmentData.com President Bruce McClenny said.

Houston Community Impact (October 19, 2021) - Read The Full Article

Bel Furniture celebrated its grand opening in Humble on Sept. 18. Located at 20450 Hwy. … Read More

Houston Community Impact (October 19, 2021) - Read The Full Article

Metro-wide apartment occupancy was at 92.7% in September, according to an ApartmentData.com report — roughly in line with historical trends, but more than 4 percentage points higher than the decade-low mark of 88.1% in 2020.

Austin Business Journal (October 19, 2021) - Read The Full Article

Nashville’s apartment occupancy rate is 93.9%, according to a recent report from Market Line and ApartmentData.com. The hottest submarket over the last three months has been Germantown/Metrocenter, which has an annualized growth rate of 51%, the report says. Downtown/Gulch/SoBro is next on the list with a 50.3% annualized growth rate.

Nashville Business Journal (October 4, 2021) - Read The Full Article

The overall median rent in Austin was $1,475 in June, according to ApartmentData.com.

Austin Business Journal (October 4, 2021) - Read The Full Article

Strong demand for apartments has pushed Houston area rents up by 10.6 percent over the year to an average of $1,155 in September, according to ApartmentData.com.

Houston Chronicle (October 4, 2021) - Read The Full Article

Austin has one of the priciest apartment markets in Texas. The median rent in Austin is $1,516 per month as of September, according to ApartmentData.com.

Austin Business Journal (October 4, 2021) - Read The Full Article

Houston rents jumped 10.7 percent in August compared to August 2020, according to ApartmentData.com.

Houston Chronicle (October 4, 2021) - Read The Full Article

Occupancy in DFW is 92.5%, according to an August rent report from ApartmentData.com. The rental rate has grown 10.9% in the past year, and 35,183 units have been absorbed.

Dallas Business Journal (August 30, 2021) - Read The Full Article

Average rents in the Houston area rose by 7.7 percent over the year in July, according to ApartmentData.com.

Houston Chronicle (August 27, 2021) - Read The Full Article

Rents in the Triangle reached an average $1,295 a month in July, according to Apartmentdata.com.

Triangle Business Journal (August 27, 2021) - Read The Full Article