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Even though all major Texas markets posted decreases in average occupancy in Might, occupancy remains above 90% in all four, with Austin recording the highest at 93.02%. The lowest occupancy was discovered in Dallas/Fort Worth at 90.18%. Austin has the highest typical rent per square foot as nicely, at $.931 per square foot (psf) Dallas/Fort Worth posted the second highest at $.868 psf. The strongest monthly absorption was located in San Antonio, which absorbed 243 units in May possibly. Posting the weakest absorption figures in May was the Houston industry, at -477 units. Austin apartment marketplace occupancy decreased .36 points in May possibly to 93.02%, but remains 1.64 points above final years level. Common rents, currently at $.931 psf, are $.002 psf greater than final month and $.003 psf greater than final year. Monthly absorption returned to good territory, as 236 units had been absorbed, bringing annual absorption to three,709 units. Dallas/Fort Worth apartment marketplace occupancy was down .17 points more than the month. Currently at 90.18%, occupancy is 1.46 points larger than this time last year. Common rents improved $.001 psf to $.868 psf, and are $.005 psf greater than May possibly 2005 levels. The industry absorbed 216 units over the month annual absorption now totals 13,468 units. Houston apartment industry occupancy fell .19 points more than the month to 90.57%, but has gained three.75 points because this time last year. Rental rates gained $.001 psf in Might and are up $.026 psf more than the year. Absorption over the month was -477 units nevertheless, over-the-year absorption remains properly in the black at 22,628 units. address San Antonio occupancy decreased .31 points to 91.38%, and is up .17 points over the year. Rental rates posted a reduce of $.002 psf more than the month, but are up $.010 psf given that Could 2005. Absorption was good for the fourth month in a row, at 243 units, while annual absorption stands at 3,792 units. address