Dallas-Fort Worth apartment renters this year are getting slammed with record rent increases.
North Texas apartment costs were up almost 7 percent in the third quarter from a year earlier. That’s about three times the average long-term rent increase rate, according a new report by Carrollton-based MPF Research.
“We can’t find a quarter in the past where rent increases were this high year-over-year,” said Greg Willett, MPF Research chief economist.
Read more...D-FW apartment rents soar at record rate in third quarter | | Dallas Morning News
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