Developers to deliver even more apartments to DFW next year, slowing rents

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DALLAS BUSINESS JOURNAL (October 9, 2017) – With North Texas apartment developers adding thousands of apartments homes to the region, analysts say they expect rent growth in Dallas-Fort Worth to slow and occupancy to dip as developers gear up to deliver even more stock next year.

By the end of the third quarter, Richardson-based analytics firm RealPage Inc. (Nasdaq: RP) tracked an annual growth rate of 3.3 percent in North Texas. That’s a moderate growth rate following two years of rate hikes topping 6 percent.

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