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Pipeline Thins Out in Major Apt. Markets

"The volume of planned units in many of the cycle's development leaders indicate construction activity in those metros could ease over the next year,” according to RealPage,

By Paul Bubny | Updated on December 11, 2017

Dallas skyline Apartments under construction in metro Dallas outnumber planned units by more than 6.25 to 1.

RICHARDSON, TX—The apartment development pipeline has two main components: units under construction and those in the planning stages. With a total of about 100,000 apartments due to come on line in Dallas, New York City and Atlanta, including 39,400 in Dallas alone, it would stand to reason that there will be many more to follow.

However, RealPage analysis says this isn’t the case. In the case of the three metro areas cited above, there are a little over 23,000 units in the planning stages—i.e. approved by local regulators and scheduled to begin construction within a year.

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