Dallas-Fort Worth Leads the Nation in Multi-Family Residential Construction
The Dallas-Fort Worth region is building multi-family housing a lot faster than anywhere else in the country, according to a recent report.
Steve Brown writes of the multi-family building boom in Dallas-Fort Worth, which "was already the top apartment building market in the country before starts increased by more than 95 percent in the first two months of 2017."
In total, the metropolitan area is expecting 30,000 new apartments in 2017. Frisco and central Dallas are the sub-regions doing the largest amount of the building. Frisco has 6,385 units under construction, and central Dallas has 5,578.
Included in the article's analysis are soundbites from Greg Willett, economist with Richardson-based apartment analyst RealPage, who says there's little risk of the region overbuilding multi-family supply given the region's continued job growth.
Published on Friday, April 14, 2017 in
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