DFW apartment completions still rising in 2018DFW apartment completions still rising in 2018https://www.recenter.tamu.edu/news/newstalk-texas/?Item=196952018-04-10T05:00:00Z2018-04-10T22:00:00Z

​​DALLAS-FORT WORTH – Multifamily absorption reached the highest level in the last decade during 2017 at a time when completions were at peak levels, according to Marcus & Millichap’s DFW Multifamily First Quarter 2018 report.

Completions rise again in 2018, remaining well above the five-year average, and developers are set to bring a record number of 32,000 units online.

Vacancy rises again by 70 basis points in 2018 as deliveries are elevated, reaching 6.3 percent.

Following a 4.0 percent bump in 2017, rent growth stays well below the previous five-year average of 5.7 percent during 2018, with the average rising to $1,128 per month.​​

Marcus & Millichap Real Estate Investment Services
Dallas-Fort Worth-Arlington

Click here to view Marcus & Millichap's DFW Multifamily 1Q 2018 report.​​

Check out more DFW Multifamily​ Market Research.

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