Tuesday, October 2, 2007

AUGUST APARTMENT DATA RELEASED

CARROLLTON (ALNsystems.com) – ALN has released apartment market data for large Texas metro areas. For the year ending August 2007:
Occupancy in Austin apartment increased from 92.7 percent in August 2006 to 93.2 percent in August 2007. Average monthly rent increased from $771 to $819, a 6.2 percent increase.
Occupancy in Dallas apartments dropped by 0.2 percent to 90.9 percent. Average monthly rent increased 6 percent, going from $746 to $791.
Occupancy in Fort Worth apartments held steady at 89.3 percent. Average monthly rent increased from $659 to $698, a 5.9 percent jump.
Occupancy in Houston apartments decreased from 90.7 percent to 90.1 percent. Rent increased by 1.1 percent, going from $723 to $731.
Occupancy in San Antonio apartments increased 0.4 percent to 91.6 percent. Rent increased 3.6 percent, going from $674 to $698.

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