Apartment availability levels off as Texas passes its multifamily construction peak
Past year featured largest multifamily construction pipeline in state history
The number of available multifamily units has largely held steady across the major markets of Texas, a notable change of pace as construction starts ebb across the Lone Star State.
Commercial property sales pick up in Dallas-Fort Worth thanks to industrial deals
Total sales up 12% over the past year
Commercial property sales in Dallas-Fort Worth are perking up through the end of the third quarter after a mostly dormant first half of the year. Sales totaled $15.4 billion year t...
Texas makes outsized impact on multifamily completions
16% of new units nationally stem from Texas markets, led by Dallas-Fort Worth and Austin
Texas multifamily markets are well-represented as the national market faces heavy supply. Builders added a total of 109,390 units across the four major Texas markets — Dallas-Fort ...
Dallas-Fort Worth sees seasonal slowdown in multifamily rents
Annual rents remain under pressure from supply
Multifamily rents have softened over the past two months in Dallas-Fort Worth. Rents are down 0.6% from August to September, the second-consecutive month of rent declines.
Lower-income households bare brunt of multifamily rent escalations in Dallas-Fort Worth
Rents are up 25% in lowest-income neighborhoods
After dramatic swings in rent growth performances over the past three years, multifamily properties in the lowest-income areas in Dallas-Fort Worth are reporting the greatest cumul...
Office availability plateaus in Dallas-Fort Worth
New spaces on the market push availability higher
There are emerging signals that Dallas-Fort Worth’s office market is working to stabilize the volume of available space that has plateaued over recent quarters. About 84 million sq...
Multifamily construction not letting up in this Dallas-Fort Worth suburb
Development in Frisco/Prosper accounts for 16% of market’s pipeline
Bucking the broader theme of tapering construction levels in Dallas-Fort Worth, multifamily development in Frisco/Prosper holds steady with 7,000 units under construction, accounti...
Apartment demand rises in Oklahoma markets
Vacancy expansion slows over past year
Demand for apartment units is staging a rebound in Oklahoma markets, an encouraging sign after two years of uneven levels of net absorption, the difference between move-ins and mov...
Office construction continues to ramp up in Northwest Arkansas
Walmart’s looming influence shapes regional development
Despite the current challenges facing the U.S. office landscape, office development in Northwest Arkansas has operated within a virtual 'bubble' thanks to Walmart transforming Bent...
Multifamily rents in Dallas-Fort Worth lose momentum through late summer
Rent losses across the quality spectrum continues
Multifamily rents in Dallas-Fort Worth slid down 0.4% in August, snapping the six months of consecutive monthly gains in the market. On an annual basis, rents remain at -1.4% based...
Office Availability Ticks Higher in Newer Buildings in Dallas-Fort Worth
Rise in Available Space Stems From Continued Development in Premier Office Nodes
More office space is becoming available on the market in Dallas-Fort Worth, driven by newly completed buildings in suburban office nodes. The availability rate among new buildings ...
Office Leasing Softens in Oklahoma City
Northwest Oklahoma City Drives Tenant Demand
Office leasing continues to slip in Oklahoma City. Office users signed on to 1.6 million square feet over the past 12 months ending in June, down a recent peak of about 2.2 million...
Mid-Tier Multifamily Properties Underperform in Dallas-Fort Worth
Vacancy Remains Elevated, While Rent Growth Holds Negative
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, compe...
Apartment Rates Continue to Grow in Oklahoma
Tulsa Rents Outpace Its Larger Neighbor
Apartment rents in Tulsa and Oklahoma City have converged for the first time, yielding a slight premium in Tulsa. The trend comes as more steady rent growth in Tulsa has allowed re...
Apartment Availability, Concessions Rise in Dallas-Fort Worth
Competition for Residents Remains Hot
Residents in Dallas-Fort Worth have many living options, leading to a more pervasive use of concessions across the market.
Office Leasing Finding Its Footing in Dallas-Fort Worth
However, Vacancy and Availability Poised to Trend Higher as Leases Expire
Office demand across the Dallas-Fort Worth region is rebalancing through mid-2024. Office tenants committed to occupy 17 million square feet in new lease deals, on par with levels ...
Annual Multifamily Rent Growth in Dallas-Fort Worth Remains Weak Through Midyear
Tapering Construction, Rising Demand Should Allow Rebounding Growth
Annual rents in the Dallas-Fort Worth multifamily market remain under pressure, ending the first half of the year down 1.5% from the same time last year.
Multifamily Demand Accelerates in Dallas-Fort Worth Region
More Property Owners Use Concessions to Court Renters
Apartment demand is picking up in the Dallas-Fort Worth region, with net absorption, or the change in occupied units, of about 20,200 units over the past year.
Suburban Office Demand Varies in Dallas-Fort Worth and Houston
Performances Trace Office-Using Employment
Suburban office demand in Houston and Dallas-Fort Worth has diverged recently, with the former picking up closer to pre-pandemic averages as the latter has slipped, but still outpe...
Three Counties in Dallas-Fort Worth Face Multifamily Supply Test
Developers Chase More Residents in Kaufman, Rockwall and Ellis Counties
Cheap land and impressive population growth have spurred plenty of new apartments in the southern stretches of the Dallas-Fort Worth area in Ellis, Kaufman and Rockwall counties.