• Over the course of 2019, Houston multifamily rents rose by 1.9% and occupancy bettered by 20 basis points to 89.8%. 
  • Houston absorbed 1,037 units of multifamily in Q4 2019 to finish out the year, bringing the annual tally to 14,026 units absorbed.
  • Deliveries totaled 13,363 multifamily units in 2019.
  • Construction reached a high point with 25,323 units underway.
  • Job growth (+85,500 between November 2018 and November 2019) ranked fourth nationally behind DFW, NYC, and Los Angeles.