• Rents continued to increase at a rate of +3.0% year-over-year, in line with the national average
  • Defying worries about oversupply, active submarkets still achieved strong rent growth
  • Dallas’ effective rent growth rate (+3.1%) is for the first time in five years higher than Fort Worth’s (+2.5%)
  • Both Fort Worth and Dallas have job growth well above the U.S. rate, but in Fort Worth both multifamily permitting and single family permitting are increasing, while in Dallas permitting in both is decreasing