Hey now, DFW multifamily is a rockstar 3Q 2016Hey now, DFW multifamily is a rockstar 3Q 2016https://www.recenter.tamu.edu/news/newstalk-texas/?Item=151172016-11-15T06:00:00Z2016-11-15T23:40:00Z

​​​​​DALLAS-FORT WORTH - In third quarter 2016, apartment occupancy reached an all-time high of 96.0 percent, reflecting underlying market strength and strong lease-up velocity of new units.

In turn, rent growth levels remain well above the historical norms and strong demand pushed up occupancy in 3Q 2016.

Absorption in DFW topped 9,300 units, a peak for the current cycle. 

The region’s demand was driven by absorption in Dallas, which reached the highest level since 2000—in Fort Worth, absorption was at a two-year high.
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