Session Description: From the pandemic shock of 2020 to the historic industry recovery in 2021 and the return to Earth since, the multifamily industry has been on a rollercoaster ride for the last few years. For Texas, large markets like DFW and Houston continued to be among the national leaders for new supply and for demand while markets like Austin and San Antonio were among the hottest growth markets in the country.
In this session, we will compare both the multifamily performance and the factors that impacted that performance during this high-variance period between Texas and the other major growth regions of the country - the Mountain West and Lower Atlantic.
Learning Objectives:
Determine how Texas multifamily has performed in recent years relative to other growth regions from multiple perspectives.
Describe some of the major drivers of industry performance for the period and what differentiated Texas from other strong regions.
Contextualize how these performance drivers have positioned Texas multifamily compared to the Mountain West and Lower Atlantic moving forward.