Rents In DFW Up 5

Rents In DFW Up 5

Dallas-Fort Worth apartment dwellers just can’t take a break.   In January, effective rents ion the area were more than five percent higher than a year ago, according to the new report from Axiometrics, Inc.    The rent hikes in the Fort Worth area were even larger – 6.4 percent on the annualized basis.   Almost 13,000 new apartments were built last year in the DFW area.  And another 15,900 rental units are scheduled for completion this year.   But with a  net of almost 140,000 new jobs in 2014 in the DFW area, the supply simply cannot keep up with the demand.

  • Dallas Morning News, February 21, 2015

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Chris Boyington, Realtor, ABR

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Halo Realty Group
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Dated: March 2nd 2015
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