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In Austin, Supply Surges and a Performance Lull Follows

Performance has slowed in Texas’ fastest-growing apartment market as hiring in the Austin metro has fallen off from the robust levels seen earlier in this economic cycle. With fewer jobs being added, apartment demand is lagging completions, which is having a widespread effect on pricing power. Will the supply-demand imbalance carry into 2017? MPF Research economists discuss the outlook in this Apartment Market Dynamics video.

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