Matrix Multifamily Dallas Report-July 2022 July 27, 2022

Dallas Maintains Solid Fundamentals

Rents rose 1.2 percent on a T3 basis through May, and occupancy increased 90 basis points in the 12 months ending in April, to 95.5 percent. Despite the current economic headwinds, transaction activity remained robust, in May coming in above the volume recorded during the same period last year.