A big chunk of North Texas' building boom is apartments.
For the last few years, the Dallas-Fort Worth area has led the nation in new apartments. More than 100,000 new units have opened their doors in the last four years. And average rents in the area have jumped by almost 30 percent since 2012.
While there are still almost 48,000 rental units under construction in the D-FW area, a slowdown in rent growth and soaring building costs are likely to tamp down the hot apartment building market in the coming year.
Read more...D-FW's apartment boom has peaked but don't expect a crash | Real Estate | Dallas News
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