Matrix Multifamily San Antonio Report-October 2022 November 08, 2022

San Antonio Multifamily Slowly Heads Into EOY

San Antonio rents continued to moderate, rising just 0.5 percent on a T3 basis through August, just behind the U.S. rate, to reach $1,295. Slowing construction starts and deliveries point to a decrease in stock expansion, while transaction activity remained high with $2 billion in multifamily assets trading through August, bolstered by activity during the year’s first half.