At the end of second quarter 2013, almost 24,000 apartments were under construction in North Texas — more than any other market in the country.
Thousands more rental units are on the way, their construction fueled by North Texas’ booming job market and changing demographics. With annual job gains expected to cruise around 100,000 in the DFW area for the next couple of years, housing construction has trailed the economic expansion.
In just the last month, developers have detailed plans for almost 2,000 apartments.
Read more...DFW apartment construction expands to new heights via Real Estate Center at Texas A&M
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