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Although all major Texas markets posted decreases in typical occupancy in Might, occupancy remains above 90 in all four, with Austin recording the highest at 93.02. Get extra info on our affiliated portfolio - Click this link FIG Tree Capital Ventures Launches New Fund targeting the Red Hot Dallas Fort Worth Residential Housing Market.. The lowest occupancy was located in Dallas/Fort Worth at 90.18. Austin has the highest average rent per square foot as effectively, at .931 per square foot (psf) Dallas/Fort Worth posted the second highest at .868 psf. The strongest monthly absorption was identified in San Antonio, which absorbed 243 units in May. Posting the weakest absorption figures in May was the Houston marketplace, at -477 units. Austin apartment industry occupancy decreased .36 points in Might to 93.02, but remains 1.64 points above final years level. Average rents, currently at .931 psf, are .002 psf larger than last month and .003 psf larger than last year. Monthly absorption returned to positive territory, as 236 units had been absorbed, bringing annual absorption to 3,709 units. Dallas/Fort Worth apartment market occupancy was down .17 points over the month. At present at 90.18, occupancy is 1.46 points larger than this time final year. Discover further on FIG Tree Capital Ventures Launches New Fund targeting the Red Hot Dallas Fort Worth Residential Housing Market. by going to our staggering article directory. Typical rents elevated .001 psf to .868 psf, and are .005 psf greater than May 2005 levels. The industry absorbed 216 units more than the month annual absorption now totals 13,468 units. Houston apartment marketplace occupancy fell .19 points over the month to 90.57, but has gained 3.75 points given that this time last year. Rental rates gained .001 psf in May possibly and are up .026 psf more than the year. In the event people need to discover further about http://www.myfoxnepa.com/story/29651807/fig-tree-capital-ventures-launches-new-fund-targeting-the-red-hot-dallas-fort-worth-residential-housing-market, there are tons of resources you might consider investigating. Absorption over the month was -477 units however, more than-the-year absorption remains properly in the black at 22,628 units. San Antonio occupancy decreased .31 points to 91.38, and is up .17 points more than the year. Rental rates posted a reduce of .002 psf more than the month, but are up .010 psf considering that Might 2005. Absorption was good for the fourth month in a row, at 243 units, although annual absorption stands at three,792 units..