• The Dallas-Fort Worth retail market continued to rebound in Q3 2021, recording the highest level of positive net absorption in a quarter since the start of the pandemic. Fitness and furniture tenants continued to be active, backfilling big boxes that went dark over the pandemic.
  • The Dallas-Fort Worth economy continued to recover in the latter half of the summer, as the metroplex saw strong job growth and the unemployment rate decline. Although COVID-19 cases began to rise with the spread of the Delta variant in August, mobility was almost unaffected, down only 5.9% from January 2020.  
  • Although DFW’s hot housing market began to slow down slightly this quarter, home prices are expected to see an increase of 21.1% over the next year. A study released by WalletHub ranked Frisco as the No. 1 most attractive housing market in the country, with McKinney, Denton, and Allen all landing spots in the top 10.
  • With transportation and shipping costs rising at unprecedented rates, retailers have been passing the costs on to consumers. Apparel saw the largest price increase in August, up 15.52%, while non-prescription drugs, sporting goods, and medical equipment saw price increases of over 3%.