More than 3,270 apartments were completed in the Metroplex since third quarter 2013, according to Hendricks-Berkadia. Year-to-date deliveries reached 8,790 units, which exceeded total 2012 construction by 19.7 percent.
On average, 8,750 apartments came online annually in the last five years.
Permits were requested for 9,350 apartments in the first three quarters 2013. Year-to-date issuance trailed permitting requests for 11,200 units during the same period in 2012.
Read more...DFW apartments 3Q 2013: Hendricks-Berkadia via Real Estate Center at Texas A&M