|DFW apartment submarkets from ALN Focus on Texas Markets||DFW apartment submarkets from ALN Focus on Texas Markets||https://www.recenter.tamu.edu/news/newstalk-texas/?Item=12667||2016-03-31T05:00:00Z||2016-03-31T22:00:00Z|
DALLAS-FORT WORTH - ALN Apartment Data has released its three-month market statistics report for Dallas-Fort Worth and various submarket areas.
Though the DFW market did absorb almost 3,000 units over the last three months that is well off its recent pace of over 20,000 units absorbed annually. Effective rents are up 0.9 percent over the last three months but again are well off the annual pace of 6.7 percent.
New construction has pushed average occupancy below 90 percent in the uptown market as well as the suburban markets of Carrollton, Frisco and McKinney.
|ALN Apartment Data||Dallas-Fort Worth-Arlington||Multifamily|| https://assets.recenter.tamu.edu/documents/mktresearch/ALN_midyear.pdf|
ALN Analyst Theron Patrick : Judging a market by the off season months isn't totally fair and the Texas markets may still turn in solid numbers for 2016. However, this time I just feel that there are stronger headwinds going into the spring and summer months for the Texas markets than there were in years past.