Market Snapshot Dallas-Fort Worth Q1 2025

Market Overview

Dallas–Fort Worth entered 2025 with the strongest Q1 absorption in years—7,350 units—marking a renewed momentum ahead of the peak leasing season. Construction activity is slowing significantly, with 31,000 units underway, the lowest level since 2015. Demand is shifting toward northern suburbs like Prosper and Celina, where population growth and job creation remain robust. Despite continued rent softness and elevated concessions, signs of stabilization are emerging: occupancy rose for the first time since 2021, inching up to 91.0%. Class A units remain under pressure, but lower-tier properties are showing resilience as affordability challenges keep households in the rental market.

About MMG

MMG Real Estate Advisors is a multifamily-focused advisory firm known for its data-rich insights and tailored brokerage services. With a national reach and local market depth, MMG supports institutional and private investors through asset dispositions, market intelligence, and capital markets expertise. The firm’s market reports offer high-resolution views into rent trends, development pipelines, and capital flows, combining granular submarket analysis with broader investment outlooks. Their hands-on approach, especially in high-growth regions like DFW, provides actionable guidance for owners, operators, and investors navigating today’s multifamily landscape.

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