Research Center - San Antonio
Construction Surge Stalls Rent Growth in San Antonio
Despite a wave of new deliveries—which dampened rent growth to just 0.8 percent—the metro’s multifamily fundamentals remain healthy, sustained by above-trend employment gains.
New Supply Tempers Rent Growth in San Antonio
The metro’s economy continues to appeal to both investors and developers. Upcoming supply is robust, with more than 8,000 units under construction and another 10,000 in the planning stage.
San Antonio Lures Investors
The city has a diversified economy and employment is growing in most industries. That has fueled demand for apartments, which is expected to remain high as the metro continues to add jobs and households at a rate above the national average, and as more residents move south to avoid the growing cost of housing in Austin.
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