Dallas-Fort Worth’s Multifamily Market Is Weathering Economic Downturn

The Dallas-Fort Worth multifamily market posted respectable levels of demand through the second quarter even while the coronavirus pandemic and subsequent recession was taken hold.

The market reported absorption, the difference between move-ins and move-outs, of about 5,200 apartment units in second quarter. That level is on par with other second quarter levels in 2015-2017, when deliveries began to ramp up. But it is well-below levels in 2018 and 2019. Despite lower levels, Dallas-Fort Worth led the country in absorption through second quarter 2020

By Bill Kitchens
CoStar Analytics

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