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Employment and Residence Supply and Demand in Dallas

Posted: May. 7th, 2013  |  By Michael Pearse
New apartments in Dallas
Steve Brown

More and more signs across the United States are pointing to a recovered economy, but Dallas might just have the brightest beacon of all: The city is seeing an influx of new apartment complexes, which aren't having problems being filled since there has been a boost in jobs as well.

Dallas-Fort Worth leads the country in apartment construction.

With almost 23,000 units in the development pipeline, apartment building totals in North Texas are now past where they were before the recession.

And so far, there’s no sign that builders plan to cut back on starts.

While this might have been a problem right before the recession hit, with the current economic growth in the area, analysts at Marcus & Millichap Real Estate Investment Services said D-FW should be able to handle the thousands of new apartments that will open in the next couple of years.

Read More on bizbeatblog.dallasnews.com

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