Dallas-Fort Worth sees seasonal slowdown in multifamily rents

“The supply picture in Dallas-Fort Worth has hit an inflection point.Completed units peaked in the second quarter and continue to decline through the fourth quarter of 2024. Even so, the past two years have been record-setting for completed units, with builders adding 32,650 units in2023 and 31,120 units thus far in 2024, a tally that will only rise through the end of the year.“