In the last three years, the city of San Antonio has experienced significant increases in property valuations. In 2016 alone, commercial property valuations increased 15.9 percent. This dramatic increase in property appraisals is affecting all aspects of San Antonio’s economy. During the same time frame, industrial property valuations went up 24.6 percent, apartment homes saw 15.7 percent, raw land increased by 20 percent, hotels saw a 21 percent increase and residential homeowners property valuations increased 7.5 percent. From 2014-2015, commercial properties saw their valuations increase 22 percent.