• The Dallas/Fort Worth area multifamily metrics recorded mostly positive changes in November.
  
  
• Overall occupancy recorded a decline for the second consecutive month after continuously increasing until September. Occupancy for Class A properties stood at 94.7% and for Class B at 92.7%. Over the year, occupancy has gone up by 1.3% each for both the classes.
  
  
• The average rental rates per square foot remained unchanged over the month for Class A and Class B properties. The average went up by $0.001 for Class C properties and came down by the same margin for Class D properties.
  
  
• The average rental rate per unit recorded increases for all classes except Class A. For this class, the average decreased by $0.25 to close at $1,037.85 per unit. Over the year, the average has improved by $7.08 for Class A properties; the change was largest annual change among the four classes.
  
  
• 8,779 units are in the construction pipeline; 13.9% of these are pre-leasing.

Dallas/Ft. Worth Apartment Market Key Metrics

Occupancy	91.49%	Rent / Unit	$770.20	Rent / SF	$0.900
Monthly Change	-0.14%	Monthly Change	+$0.32	Monthly Change	+$0.001
Annual Change	+1.31%	Annual Change	+$6.19	Annual Change	+$0.007

Absorption in October was negative 697 units, bringing the annual total to a positive 9,521 units. 6,953 units are in the planning stage.

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