The period between August 2023 and August 2024 witnessed the largest number of new apartments completed in the history of the San Antonio multifamily market. Developers put the finishing touches on roughly 11,000 units during those 12 months, expanding the multifamily inventory of South Central Texas at one of the fastest rates in the nation during this period of time.
Multifamily completions peak in San Antonio
After years of building, number of new apartments likely to decrease over coming quarters
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