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Axiometrics: North Texas apartment market nearing peakAxiometrics: North Texas apartment market nearing peakhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=146642016-09-27T05:00:00Z2016-09-27T17:00:00Z

​​​DALLAS – Locally based apartment and student housing analytics firm Axiometrics reports large number of apartments are coming online in the Metroplex, and the market could peak in 2019.

The firm's data shows 17,069 apartments will be delivered in Dallas this year, with 2,045 units to be completed in Fort Worth.

​Next year, they expect 23,255 apartments to be completed in Dallas, with 4,165 apartments added to Fort Worth's market.

The average rent in August was $1,134 in Dallas and $1,021 in Fort Worth. Nationally, the average rental rate is $1,293, according to Axiometrics' data.

Dallas Business Journal
Dallas-Fort Worth-Arlington
Multifamily
http://www.bizjournals.com/dallas/news/2016/09/27/axiometrics-dallas-fort-worth-apartments-peak-new.html?ana=e_mc_prem&s=newsletter&ed=2016-09-27&u=ohSD%2Fe6TGoiGi7VP7oH8XZKfemn&t=1474980866&j=75919062Read more at {Source}

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