Wednesday, May 20, 2015

More apartment rent increases coming in North Texas via Dallas Morning News

A flood of new apartment completions this year may not bring much relief to renters.

The Dallas-Fort Worth area’s apartment rents in the first quarter were more than 5 percent higher than a year earlier — a record annual increase for North Texas.

With 20,000 apartments set to open in 2015, industry analysts were expecting a slowdown in rent growth.

But that’s not happening yet.

Read more...More apartment rent increases coming in North Texas | Dallas Morning News

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