WatfordRoscoe638

All Texas metro markets report present all round occupancies above 90%, with Austin major the industry at 93.39%. The lowest occupancy is discovered in the Dallas/Fort Worth marketplace at 90.35%. Austin also leads the Texas markets in terms of rental prices, reporting the highest rents at $.930 per square foot (psf). Typical rents in the other metro markets are all below $.870 psf. Monthly absorption was strongest in the Dallas/Ft. Worth market place, as 641 units had been absorbed in April. San Antonio also posted positive monthly absorption, although the Houston and Austin markets posted unfavorable figures.

Austin Market occupancy dropped .07 points more than the month, however at 93.39%, occupancy remains 2.ten points larger than in April of 2005. Average rents are presently at $.930 psf and are $.002 psf greater than last month and last year's figures. Absorption dipped into the red this month, as -109 units had been absorbed. Annual absorption stands at 3,589 units.

Dallas/Fort Worth Market place occupancy is up .03 points more than the month to 90.35%, and is 1.70 points above final year's level. Although average rents have remained flat over the final handful of months at $.867 psf, they are $.003 psf higher than the rate seen at this time last year. Monthly absorption of 641 units brings annual absorption up to 13,575 units.

Houston Industry occupancy fell .27 points to 90.73% more than the month. Overall occupancy remains four.29 points higher than April 2005's level. Rental prices inched up $.003 psf more than the month and are up $.027 psf over the year to $.824 psf, although monthly absorption was -323 units. Absorption more than the final twelve months is at 24,542 units.

San Antonio occupancy, at 91.69%, gained .08 points over the month and .47 points over the year. Rental prices are up slightly over the month, $.001 psf, to $.817 psf, which is $.012 psf greater than last year's figure. This is the third consecutive month of positive absorption, as 237 units were absorbed in April. Annual absorption totals three,473 units. new tires dallas oil change dallas dallas wheel alignment