Dallas and Fort Worth are acting surprisingly differently in apartment rent growth these days, with Fort Worth clocking a healthy 3.1% rent growth to Dallas’ sluggish 1.3% rent growth, according to third-quarter multifamily statistics from RealPage.
“It’s unusual for the performance patterns to be this far apart,” RealPage Chief Economist Greg Willett said. “The two metros normally move pretty closely together, and it really just reflects the large block of construction on the Dallas side.”
Read more...Dallas And Fort Worth Diverge On Rent Growth via Bisnow
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