With strong inbound migration and a vibrant local economy, the Austin rental market continues to strengthen. With no new projects likely for the next year, downtown rents will continue to rapidly increase. According to Axiometrics, a national real estate analytics firm,"Austin ranks as the best market in Texas. The 10.1% annual effective rent growth in July was the best we've ever reported for Austin in our 15+ years in business. In May 2009, Austin and Dallas had practically the same level of rent. Austin's rent growth over the past two years has made it the highest . . .
