• Since the previous quarter, Dallas/Fort Worth’s annual rent growth has improved 10 basis points (bps) to 3.0%, the highest it’s been since 2017.
  • Demand in the North and Northwest areas of Dallas drove strong rent growth.
  • Dallas/Fort Worth’s well-diversified economy continued to grow despite WTI Crude Oil plunging from $50 to $20 a barrel during the month of March.
  • The COVID-19 pandemic has forced some state governments to impose strict stay-at-home orders that are adversely affecting many industries.