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Apartment rents are actually falling in some D-FW neighborhoods

DALLAS MORNING NEWS (July 2, 2018) – Dallas-Fort Worth’s net apartment leasing totaled 5,465 units in the second quarter.
That sounds like a lot, but it’s not enough.

Developers completed almost 7,000 apartments in the last three months. And on an annual basis, apartment demand is lagging new supply by almost 10,000 units, according to the latest data from Richardson-based RealPage.

At the same time, developers have ramped up building to more than 37,000 apartments on the way in North Texas — more than any other metro market in the country.

Read more at: DALLAS MORNING NEWS.

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