Jan 24, 2018
DFW tops nation for new apartments
DALLAS-FORT WORTH – Developers opened more new apartments in the DFW area than any metro area in the country during 2017.Almost 28,000 new rental units opened their doors in 2017,...
DALLAS-FORT WORTH – Developers opened more new apartments in the DFW area than any metro area in the country during 2017.
Almost 28,000 new rental units opened their doors in 2017, according to a new RealPage report.
New York City was second with 23,207 apartment completions, followed by third-place Houston with 21,404 apartments hitting the market in 2017.
Nationwide apartment completions in the 150 largest markets totaled 395,775 units in 2017—46 percent more than in 2016 and double the long-term annual average.
More than 30,000 apartments were still under construction in DFW at the start of 2018.
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