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Victor Calanog reports on the apartment market performance for Q1 2013. Here are the highlights:
- Apartment vacancy hit 4.3% at the end of the first quarter.
- Asking and effective rents grew by 0.5%
- Multi-family development is continuing to surge, bringing 150,000 units online in 2013.
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Jim Young
KW Commercial 512-565-7509 jimyoung@kwcommercial.com My Experience-Team Profile |
1801 Mopac, Suite 100, Austin, TX 78746
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