Market Insights | Fall 2023 | Dallas-Fort Worth

August 10, 2023

Multifamily demand in Dallas-Fort Worth is gradually recovering amid inflation and economic uncertainties, resulting in tightened household formation.

In-migration, corporate relocations, and expansions will continue to fuel apartment demand through 2023. Entry-level home purchases face challenges due to high demand, low inventory, increased home values, and rising mortgage payments with high-interest rates. This keeps many renters in the apartment market until more supply becomes available. New Metroplex residents will contribute to sustained demand.