Strong population growth within the region, low unemployment, corporate relocations and expanding business across several key industry sectors continue to drive the expansion of the Dallas multifamily market.
Overall vacancy held steady at around 5 percent throughout 2014 and is expected to increase slightly in 2015 as nearly 10,000 new units are expected to be completed.
Absorption remained positive for all classes, in both the suburban and urban setting, and this trend is expected to continue for the next several years.
Read more...IRR: Dallas multifamily report 1Q 2015
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