Rent Growth To Slow By Almost Half As DFW Delivers 29,000 Units Of Multifamily In 2017
While moderation hit the nation as a whole, DFW maintained strength, Axiometrics VP of analytics Jay Denton said. Supply will peak in 2017, and an influx of construction could cause rent growth to decrease.
Fundamentals still look strong, with occupancy across DFW higher than the national average of 94.6%.
The biggest demand factor for multifamily occupancy—job growth—looks good for DFW in 2017, but time will tell.