Thursday, July 2, 2015

D-FW apartment leasing, construction and rents jump in second quarter via Dallas Morning News

North Texas apartment leasing more than doubled in the second quarter from the first three months of 2015.

Net leasing totaled 7,881 apartments. And 11,429 units were leased in the first half of the year – up 26 percent from the same period in 2014, according to just-released numbers from MPF Research.

“Demand is still coming in at huge volumes, surpassing the sizable completions,” MPF Research vice president Greg Willett said. “In turn, occupancy remains tight, close to the all-time high, and rent growth is proceeding at record levels.”

Read more...D-FW apartment leasing, construction and rents jump in second quarter | | Dallas Morning News

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