The multifamily market wrapped up 2013 with a strong quarter, making 2013 a banner year for the state, according to CBRE's 4Q 2013 Texas Multi-Housing report.
Texas saw 37,739 new units added in Austin, Dallas-Fort Worth, Houston and San Antonio — up from 23,880 new units in 2012. Nearly 50,000 more units are currently under construction.
The hottest area for multifamily development across Texas in 2013 was the Uptown-Oak Lawn-Highland Park submarket in Dallas, with over 5,400 units currently under construction.
Read more...Four Texas metro multifamily stats 4Q 2013 CBRE
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