Dallas/Fort Worth Multifamily Market
The Dallas-Fort Worth MSA is the largest in the state of Texas and 4th in the nation. With its diverse and strong economy, DFW continues to be a tight market post-Covid with increased relocations and job growth. The labor force expanded an annualized 2.4 percent in Dallas and 2.1 percent in Fort Worth, in line with the state’s 2.3 percent rise.
The unemployment rate for DFW was 3.2% as of December 2022 versus 3.5% nationally. While in other markets layoffs have started in the finance sector, DFW has bucked this trend as this sector is up 6.2% from last year. The DFW market continues to see migration attracting both employers and workers from regions such as California, New York, and Illinois that is a major contributor to its strong growth. The large corporate relocations to DFW have slowed compared to 2021 but talks of an economic recession are pushing companies to start reviewing relocations quicker than planned.
Effective rents in Ft. Worth grew 8.2% year-over-year while Dallas grew 8.8% versus 6.6% nationally. Dallas occupancy decreased to 94.3% compared to a year ago at 97.2%. Fort Worth slightly decreased to 93.7%. New supply is still on the horizon as Dallas expects 22,098 units which is an increase of 3,620 units from the prior year, and Fort Worth expects 8,476 new units which is an increase of 1,139 units from the prior year., Despite the new supply, the Dallas Fort Worth market continues to show signs of remaining strong in employment and housing going into 2023.
Contact us to learn about our Dallas/Fort Worth real estate investment strategy. To view our Dallas/Fort Worth properties, please visit our affiliated CWS Apartment Homes website.
Disclaimer: The information provided here is for your general informational purposes only. It should not be considered a recommendation or personalized advisory advice. All investments involve risk including the possible loss of principal. You should familiarize yourself with all risks associated with any investment product before investing.
Advisory services are provided by CWS Capital Partners LLC, a registered investment advisor. Securities offered by CWS Capital Partners LLC are through an affiliated entity, CWS Investments. CWS Investments is a registered Broker Dealer, member FINRA, SIPC.
 RealPage 4Q22 Dallas Market Report (Pg. 2)
 RealPage 4Q22 Fort-Worth/Arlington Market Report (Pg. 2)
 RealPage 4Q22 Dallas Market Report (Pg. 3)
 RealPage 4Q22 Fort-Worth/Arlington Market Report (Pg. 3)
➤ Disclosure :
The property pictures featured throughout this website have already been capitalized by CWS investors and are not available for investment. Past performance is no guarantee of future results.
This website is provided to you by CWS Capital Partners. CWS Capital Partners provides investment advice to its proprietary funds. Through its affiliate CWS Apartment Homes it offers real estate related advice. Investment opportunities may be in the form of a single property offering or a pooled investment vehicle and are through an affiliated entity, CWS Investments. CWS Investments is a registered broker dealer, member FINRA SIPC. The information on this website is not intended to be investment advice or an offer; offers can only be made with the private placement memorandum and offering documents.
Private placement real estate securities offerings are speculative and involve substantial risks. Risks may include, but are not limited to, illiquidity, lack of diversification, loss of capital, default risk, environmental, development, and capital call risk. Investments may not achieve their objectives as outlined in their business plans.