DFW continues to be one of the nation's top apartment markets, delivering thousands of apartments each month in an effort to meet demand.
In total, developers completed 6,228 apartments in third quarter 2014, and 16,193 apartments in the past 12 months, according Carrollton-based MPF Research.
Demand is keeping pace with construction. North Texas renters leased 5,860 additional apartments during 3Q 2014, and 15,961 apartments in the past year. The region's occupancy rate has reached a 13-year record high of 94.7 percent.
Read more...MPF Research: DFW apartment demand strong via Real Estate Center at Texas A&M