Demand Surge Puts Houston on Top in 4Q

Houston was the nation’s leader for apartment demand in 4th quarter 2017 as a flurry of leasing activity following Hurricane Harvey drove up the metro’s overall numbers. The big surge in demand provided a shot in the arm to an apartment market which had struggled for momentum over the previous two years.

The number of occupied units in the Houston metro jumped by 13,755 in the final three months of 2017. Houston’s demand figure was nearly three times that of the nation’s #2 metro, Dallas, which absorbed 4,715 units in the quarter.