Friday, July 6, 2018

Apartment rents are actually falling in some DFW neighborhoods via Dallas News

Dallas-Fort Worth's net apartment leasing totaled 5,465 units in the second quarter.

That sounds like a lot, but it's not enough.

Developers completed almost 7,000 apartments in the last three months. And on an annual basis, apartment demand is lagging new supply by almost 10,000 units, according to the latest data from Richardson-based RealPage.

Read more...Apartment rents are actually falling in some D-FW neighborhoods

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