BY BRAD BECKETT ON AUGUST 20, 2020
What are the top metros in the country where apartments are being built? According to RentCafé, the Dallas-Fort Worth metroplex is set to complete nearly 20k apartments by the end of the year - topping their chart for 3 years in a row. Click here to read more.
While they report that overall apartment construction is down 12% from 2019, they point out that nearly 283k units will hit the market nationwide this year. Indeed…
“With the Covid-19 pandemic further complicating an already visible slowdown in apartment construction since its 2018 peak, new completions across the country are starting to mirror the downward trend following the 2008 crisis.”