When it Comes to the Nation's Top Markets for Construction, No One Messes with Texas
Texas residents will tell you it gets hot temperature wise, but apartment construction activity across the Lone Star State may be even hotter, thanks to its blistering job growth and competitive cost of living. Particularly, the Dallas-Fort Worth metroplex has been the consistent leader in terms of overall apartment construction volume in the United States.
Approximately 136,400 new multifamily units have been built in the Dallas-Fort Worth area since 2010, more than any other market in the country, according to CoStar data. That amounts to 18% to the area's total apartment inventory during this period.
While Dallas is the leader of the pack, Houston, Austin, and San Antonio all rank among the country’s top 15 in multifamily units added, as well.
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