Increase in Austin-area Apartments Eases Housing Crunch

A boom in the construction of apartment buildings in the Austin area resulted in nearly 10,000 apartments coming onto the market last year, helping to ease demand while stabilizing rents.

Another 8,000 units are expected on the market this year, according to Charles Heimsath, president of real estate consulting firm Capitol Market Research.

Read more here on The Austin American Statesman

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