In April 2025, U.S. existing-home sales fell 0.5% month-over-month to an annualized pace of 4 million units—the slowest April since 2009. Elevated mortgage rates, averaging 6.86%, and record-high median home prices at $414,000 continue to challenge affordability. Inventory rose 20.8% year-over-year, giving buyers more leverage, but demand remains soft amid...
Tag: Industry News
DFW Tops the State in Build-to-Rent Activity
A new generation of renters — primarily millennials — is fueling the rise of the build-to-rent market. Faced with rising home prices and interest rates, many are opting for upscale rentals that offer the space and amenities of a single-family home. BTR starts have doubled in just two years and...
Texas Is the Fastest-Growing State in the U.S.—and Now the Race Is On To Build More Homes
Texas is seeing explosive population growth, but its housing supply is lagging behind. Major metros like Austin, Dallas, and Houston are expanding rapidly, driving up demand and pushing prices higher. Despite efforts to increase construction, demand is outpacing supply — creating fierce competition for homes and making affordability a growing...
Millennials Drive Growth in Build-to-Rent as They Delay Buying
A new generation of renters — primarily millennials — is fueling the rise of the build-to-rent market. Faced with rising home prices and interest rates, many are opting for upscale rentals that offer the space and amenities of a single-family home. BTR starts have doubled in just two years and...
Austin’s Build-to-Rent Market Offers New Options for Renters
Build-to-rent development is gaining momentum in Austin, with 7,100 units making up about 2.3% of the city's multifamily market. These single-family rentals are giving tenants an alternative to both traditional apartments and expensive for-sale homes. The growth of this segment reflects Austin's continued demand for flexible, family-friendly rental housing.
Build-to-Rent Development is Surging, With Texas Leading the Charge
Build-to-rent housing has officially hit the mainstream. In 2023 alone, over 27,000 BTR units were completed nationally, and Texas is leading the pack with 15,600 units currently under construction. These purpose-built rental homes are especially popular among millennials, blue-collar workers, and families looking for more space without the burden of...






