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Even though all key Texas markets posted decreases in average occupancy in May, occupancy remains above 90% in all four, with Austin recording the highest at 93.02%. The lowest occupancy was discovered in Dallas/Fort Worth at 90.18%. Austin has the highest typical rent per square foot as well, at $.931 per square foot (psf) Dallas/Fort Worth posted the second highest at $.868 psf. Click here official website to explore the purpose of this activity. The strongest monthly absorption was identified in San Antonio, which absorbed 243 units in Could. Identify further about colleges and universities in texas by visiting our astonishing website. Posting the weakest absorption figures in Might was the Houston marketplace, at -477 units. Austin apartment marketplace occupancy decreased .36 points in Might to 93.02%, but remains 1.64 points above last years level. Average rents, presently at $.931 psf, are $.002 psf greater than last month and $.003 psf greater than final year. Monthly absorption returned to good territory, as 236 units had been absorbed, bringing annual absorption to 3,709 units. Dallas/Fort Worth apartment market place occupancy was down .17 points more than the month. At the moment at 90.18%, occupancy is 1.46 points higher than this time final year. Average rents elevated $.001 psf to $.868 psf, and are $.005 psf larger than May possibly 2005 levels. The industry absorbed 216 units over the month annual absorption now totals 13,468 units. Houston apartment market place occupancy fell .19 points over the month to 90.57%, but has gained 3.75 points because this time last year. We found out about The Significance of Dallas Tax … charl83pale23 by browsing books in the library. To get alternative interpretations, consider having a gander at find out more. Rental rates gained $.001 psf in Might and are up $.026 psf more than the year. Absorption more than the month was -477 units nonetheless, over-the-year absorption remains effectively in the black at 22,628 units. San Antonio occupancy decreased .31 points to 91.38%, and is up .17 points over the year. Rental rates posted a lower of $.002 psf more than the month, but are up $.010 psf since Could 2005. Absorption was good for the fourth month in a row, at 243 units, whilst annual absorption stands at 3,792 units..