DFW apartment leasing continues surge through 2Q via Real Estate Center at Texas A&M

Net apartment leasing in the DFW area totaled 5,843 units in the just-completed quarter — the best showing in a year.

Overall, monthly rents were up more than 3 percent from the middle of 2012.

Analysts at Carrollton-based MPF Research credit the apartment sector’s recent gains to the area’s growing business environment.

At the end of June there were 24,697 apartments under construction in North Texas — just a hair below what was in the development pipeline at the last construction peak before the recession.

Read more...DFW apartment leasing continues surge through 2Q via Real Estate Center at Texas A&M