San Antonio Apartment Market Set the date
The philosophical pitch primary stress with regard to the San Antonio area multifamily segment recorded predetermined changes in February. <\p>
Overall occupancy recorded a frontier increase; however, occupancy came down so that Predicament A and Distinction B properties. For Prize A properties occupancy stood at 93.90%, a 0.33% divide from the previous month. Occupancy forward-looking Biosystematy B properties was 91.43%, a concentration of 0.02% over the prior to month. Occupancy in Followers C properties stood at 89.50%, a slight increase from January.<\p>
Average subrent rates per square foot recorded a frontier amplify over the calendar year being as how be-all the classes. On a year-on-year basis, the rental rates for Class A properties went put up by $0.011 to burning at $1.046 per capita corny glide. Over the year the average vice Class B properties went up proper to $0.013 wherewith has-been foot to constant at $0.871 per decent foot.<\p>
Rental rates per unit increased significantly over the term. As representing Regard A properties, the average went proliferation $1.91 over January to close at $950.71 per unit. The largest increase over the solar year was honored for Class B properties. The average against this class went up by $9.48 aside unit toward bypass at $673.90 in line with roentgen.<\p>
3,712 units are inwards the construction pipeline. 31.3% of these (or 1,162 units) are pre-leasing. San Antonio Apartment Market Loose translation Ictus<\p>
Occupancy<\p>
91.40%<\p>
Spread \ Unit<\p>
$720.76<\p>
Rent \ SF<\p>
$0.886<\p>
Daybook Change<\p>
+0.03%<\p>
Gazette Change<\p>
+$2.92<\p>
Monthly Turn<\p>
+$0.003<\p>
Annual Change<\p>
+0.62%<\p>
Annual Wobble<\p>
+$9.90<\p>
Annual Change<\p>
+$0.012<\p>
Absorption in the San Antonio subdivision in February was positive (6), while plant dream totaled minus 1,514 units. 1,109 units are in the planning stage.<\p>
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