• Q2 2019 tallied the highest net absorption on record, as tracked by CBRE Research going back nearly thirty years, with 11,523 units demanded. 
  • For the first time in nearly three years, annual absorption is exceeding supply, resulting in a significant 92 basis point (bps) climb in occupancy and 3.0% annual rent growth across Dallas/Fort Worth.
  • Annual starts (21,456 units) have begun to fall short of annual deliveries (22,994 units), hinting that the construction pipeline will be shrinking soon.
  • Single-family housing development is cooling off. For the first time since Q1 2012, annual starts have declined.