High-end apartments dominate new stock in Dallas


Dallas Business Journal (OCTOBER 10, 2019) – More than two-thirds of Dallas apartments that came online in 2018 were luxury, and high-end units look to remain the majority in 2019.

More than 14,000 high-end units came online in the Dallas metro area in 2018, according to data provided by RealPage Inc. (Nasdaq: RP), a commercial property management software company.

Nearly 21,000 units came online total last year, making luxury apartments 68 percent of the new inventory in 2018. These units were in the highest concentration within the Dallas city limits, in addition to other hot spots in Frisco, Allen, McKinney and Richardson.

Read more at: Dallas Business Journal