Stabilized vacancy rates for mid-priced, three-star multifamily properties in Dallas-Fort Worth remain stubbornly high at 9.3%, the highest rate in about a decade. Meanwhile, competition for residents remains hot, but pricing power is eroding, yielding negative asking rent growth of 1.2%.
Mid-Tier Multifamily Properties Underperform in Dallas-Fort Worth
Vacancy Remains Elevated, While Rent Growth Holds Negative
CoStar Analytics
August 15, 2024 | 4:51 P.M.
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