Hey now, DFW multifamily is a rockstar 3Q 2016 | Hey now, DFW multifamily is a rockstar 3Q 2016 | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=15117 | 2016-11-15T06:00:00Z | 2016-11-15T23:40:00Z | 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. | Real Page
| Dallas-Fort Worth-Arlington
| Multifamily
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