DFW multifamily construction follows population, job boom

​​​​​DALLAS – North Texas’ multifamily pipeline remains robust to accommodate the region’s fast growing population driven by the 122,000 jobs added in the last year. 

In 2016 and 2017, a combined 51,000 units were delivered.  

These properties—which are either stabilized or in late-stage lease-up—currently average 17.1 percent vacancy.  

Based on the pipeline for the remainder of this year, 2018 deliveries should total almost 31,000 units, with a similar level scheduled to hit the market in 2019.