Nationally apartment construction is at 5 year low, down 12% from 2019
- Texas cities are the most active in apartment completion to date in 2020
- Austin is leading this category nationwide
- Texas dominates with three more cities – Houston, Dallas, and Farmers Branch
- The Austin metro is fifth from the top for new construction projected through the end of the year. Austin has added 62,000 residents from 2018 to 2019. Over 50,000 new apartments have been built in the area since 2016.