Dallas-Fort Worth Apartment Demand Expected to Rise as Construction Supply Decreases
CIGI Colliers International Group Inc
$90.01 +1.53%
View chart & analysis → - 1Net absorption of Dallas-Fort Worth apartment units reached 7,049 in the third quarter, nearly doubling from the previous year.
- 2Occupancy rates rose by 10 bps in the third quarter to reach 94%.
- 3Colliers forecasts that the number of demand units will reach 21,514 by the end of the third quarter of 2027.
So what's the key point?
The number of people looking for apartments in the Dallas-Fort Worth area has nearly doubled compared to last year. Demand for apartments is expected to increase to 21,514 units in the future.
Source CRE Daily · View original ↗
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