Matrix Multifamily Houston-July 2022

Houston Multifamily Proves Hot Investment Market

Following last year’s robust inventory expansion, Houston rents rose 0.7 percent on a T3 basis in May, while occupancy hiked 130 basis points year-over-year as of April, to 94.1 percent. Transaction activity intensified, with sales volume through May far outpacing last year’s through the same interval.

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