Market Intelligence: Q1 2025 Texas Region
In recent years, the State of Texas has been a hotspot for multifamily renters, developers and investors, with many local markets seeing some of the nation's largest population and economic booms. However, significant supply levels have caused fast-growing metro areas spanning Austin, Dallas-Fort Worth, Houston and San Antonio to experience limited (if any) income growth.
The post-2020 economic surge led to immense population growth in Austin. However, the Texas capital is arguably the nation's most aggressive construction pipeline, so performance has been precipitously slow. Similarly, Dallas-Fort Worth’s population has grown faster than any other MSA in the country, but new apartment supply continues to weigh on performance.
Houston has been more resilient than its Texas peers, but a historically capricious economy remains a potential consideration in the coming months. And San Antonio is still trailing the broader nation as acute supply pressure hampers local occupancy rates.
Join RealPage® market experts as they review recent performance statistics for the State of Texas and share their quantitative and qualitative expectations for 2025.
- The principal regional themes that characterize Texas’ current apartment market and economic landscape
- An overview of supply/demand fundamentals—2025 supply expectations and the amount of demand these local apartment metros need to generate to keep pace
- Rent growth, occupancy and resident retention (among other performance stats) compared to the broader nation
- The near-term outlook (12- to 18-months) for this region's rental metros
Carl Whitaker is RealPage’s Chief Economist, leading the company's team of economists and market analysts. Carl and the Market Intelligence team specialize in analyzing and disseminating economic and market trends for the rental housing industry. He primarily focuses on presenting trends in the rental housing industry to a wide audience, including investors, asset managers, operations professionals and media, among other personas. Carl has been cited in the Wall Street Journal, Bloomberg and GlobeSt and is a frequent keynote speaker for industry events. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.
Arben Skivjani
Deputy Chief Economist and Director of Forecasting, RealPage, Inc.Arben Skivjani serves as a Deputy Chief Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and econometric modeling, economic impact studies, reporting and analysis of macroeconomic trends that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York.
Arben is heavily involved in the Dallas/Fort Worth Association for Business Economics where he currently serves as Vice President and is a member the National Association for Business Economics.
Arben holds a master’s degree in economics from The University of Alabama.
