Multifamily Rent Growth Lags in Dallas, Ticks Up in Houston
Yardi Matrix’s Multifamily National Report for August 2018 showed a slowdown in annual rent for Dallas, though Houston ticked upward. Still, when it came to the trailing three months, the report indicated that, due to supply, Houston and San Antonio ended up at the bottom of the trailing-three-month rent growth block. Austin, however, did well, following a slow start to the year.
Even as Dallas slowed, however, Yardi analysts continue to forecast an overall 3.1% rent growth for 2018.
For comments, questions or concerns, please contact Amy Sorter