Austin, Texas, has undergone the third-most significant shift in annual rent growth since the close of the third quarter of 2022. As a surge of construction projects transition to the completion phase, this has resulted in excess supply.
Excess Supply of Austin Apartments Contributes to Dampened Rent Growth
Annual Rent Performance Regresses to Negative 4%, a Dip From 5.4% a Year Ago
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In