2020-08-20 2020’s Top Metros for Apartment Construction
| By:
Brad Beckett
2020’s Top Metros for Apartment Construction BY BRAD BECKETT ON AUGUST 20, 2020 What are the top metros in the country where apartments are being built? According to RentCafé, the Dallas-Fort Worth metroplex is set to complete nearly 20k apartments by the end of the year – topping their chart for 3 years in a row. While they report that overall apartment construction is down 12% from 2019, they point out that nearly 283k units will hit the market nationwide this year. “With the Covid-19 pandemic further complicating an already visible slowdown in apartment construction since its 2018 peak, new completions across the country are starting to mirror the downward trend following the 2008 crisis.”
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