Matrix Multifamily Dallas Report-November 2024 January 30, 2025

Supply Dominates DFW Multifamily Fundamentals

Robust deliveries combined with the slowdown in rental activity pressured the average advertised asking rents in DFW, down 1.7 percent YoY in September to $1,541. Supply also reduced occupancy, down 30 bps during the period to 93.1 percent.