Strong results in the fourth quarter capped a very solid year for Post, with our rental apartment and for-sale condominium businesses performing ahead of our expectations. Market conditions remain favorable and we expect to experience upward momentum in rents, due to ongoing job growth, in-migration, household formation and moderate levels of supply in our primary markets. |
There are lots of those folks in Austin. |
This certainly isn't the end of the story for us in Austin. What we really want to do principally is development — new construction from the ground up. |