DALLAS — North Texas apartment construction surged to a new high in the early months of 2023.
At the same time, average apartment rents in Dallas-Fort Worth declined slightly in the first quarter.
More than 74,000 apartments were being built in the area at the end of the quarter — up from 65,462 units at the end of 2022, according to the latest estimate from analysts at RealPage. North Texas apartment building has more than doubled since 2015.