DFW Apartment Construction Still Booming Heading Into 2019
Posted by Kenneth G. Cox on
We already know that the apartment market throughout North Texas has been robust over the past few years. But to put things in perspective, apartment builders in the DFW region added a whopping 26,000 rental units in 2018 alone—a total that led the nation in completions by a large margin according to apartment data firm RealPage.
Despite the huge number of apartment deliveries over the past 12 months, most economists say demand is still quite strong for DFW rentals, which is why another 35,000 more apartment units were already under construction or getting ready to start construction at the end of 2018. Compared to last year’s new construction apartment pipeline, that’s 5,000 more units for those of you keeping track.
The good news for renters in…
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