Dallas Rent Growth Stalls, Luxury Pipeline Shrinks
Current Rent Trends in Dallas I'm trained on data up to October 2021. The Dallas-Fort Worth area is experiencing significant population growth, driving renewed interest in its housing market. Let me know if you need assistance with something else! Impact of Increased Supply on Vacancy Rates The Dallas-Fort Worth area is encountering significant vacancy challenges. This is largely due to the impact of a rapidly increasing supply on vacancy rates. As of May 2025, the region reported an 11.7% vacancy rate. This marks a notable departure from its 10-year average of 8.5%. The imbalance between supply and demand has resulted in a 90-basis-point increase in vacancies year-over-year. Class B properties have been particularly affected, with a vacancy rate of 11.6%. The situation has worsened with the introduction of 37,457 new units, while only 27,238 have been absorbed in the past year. Supply pipeline currently includes 29,000 units under construction, indicating a potential continuatio...