, said his firm is also seeing an uptick in demand. “Across our portfolio in D-FW, we saw a slight increase in traffic in the second quarter compared to previous years,” Sylvan said.“We are still seeing strong demand, but we are also seeing the back door open up more — especially those falling behind on their rent,” said Tom Huth, president ofPalladium USA hasLess than 7% of D-FW apartments were vacant at midyear — that’s up only slightly since before the pandemic.
Parsons said the strong quarterly leasing totals contradict some forecasts that the apartment market was headed for a downturn in some fast-growing metros. But the flood of new rental units on the way in D-FW and other metro areas will hold down rent increases, Parsons predicts.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: