December 25, 2024

Matrix Multifamily Houston Report-December 2024

Market Conditions Hold in Houston

Houston’s advertised asking rents were unchanged on a T3 basis through October at $1,360, while the U.S. rate fell 10 bps. Meanwhile, the 2.3 percent employment market expansion was third highest in the nation and well ahead of the 1.4 percent U.S. rate.

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