End of Year Dallas-Fort Worth
Market Trends
DFW real estate is shifting fast — are you in the know? From rent trends to hot spots for new builds, we’ve broken it all down. Get the insights you need to stay ahead.
NORTH TEXAS MARKET TRENDS
As we enter 2026, the Dallas-Fort Worth real estate market continues to demonstrate resilience, supported by steady demand and long-term growth fundamentals. Across office, industrial, retail, and multifamily, activity is increasingly concentrated in well-located, high-quality assets, while new development begins to moderate and market conditions rebalance. With continued in-migration, corporate interest, and a pro-business environment, DFW remains one of the nation’s most durable and opportunity-rich markets as we start the new year.
See more details below!
Market Trends Deep-Dive
Retail
The Dallas-Fort Worth retail market closed 2025 on stable footing after an early-year pause with tenant demand rebounding and new supply being steadily absorbed. Despite elevated construction activity, the region continues to rank among the nation’s top markets for net absorption, supported by growth in both emerging and established submarkets. New development—largely driven by build-to-suit and grocery-anchored projects—underscores retailer confidence in long-term demand.
While entry into new retail space remains competitive, DFW’s expanding population and continued in-migration provide a strong consumer foundation. These demographic tailwinds position the retail market for sustained performance as the region heads into the new year.
Office
Dallas-Fort Worth enters 2026 with resilient office demand, leading all major U.S. markets in net absorption over the past year and standing among the few metros with positive demand. Corporate relocations expanding footprints, and improving office attendance are supporting leasing momentum, while a construction pipeline at decades low is helping vacancy stabilize. Demand continues to favor high-quality space, with availability tightening in newer buildings as pre-leasing remains strong.
While tenant-friendly conditions persist—particularly in legacy assets—DFW’s relative affordability, population growth, and pro-business climate continues to attract major occupiers. These structural advantages position the market for long-term stability and outperformance compared to many coastal peers.
Industrial
Despite elevated vacancy, the Dallas-Fort Worth industrial market remains resilient, supported by strong tenant demand, positive net absorption, and continued developer interest. Large users—particularly in electronics and logistics—are driving leasing momentum, while steady rent growth continues to outperform the national average. Developers remain active as long-term confidence holds firm, even amid broader economic uncertainty.
With its scale, affordability, and central U.S. positioning, Dallas-Fort Worth continues to attract major occupiers and investment capital, reinforcing its role as one of the country’s most durable industrial markets heading into 2026.
Multi-Family
Early signs of rebalancing are emerging in the Dallas-Fort Worth multifamily market as construction activity falls to decade lows and demand remains steady. While elevated supply continues to pressure vacancies and rents in the near term, the slowdown in new deliveries is setting the stage for improved fundaments. Vacancy has begun to stabilize and supply and demand are moving closer to equilibrium.
With population growth supporting long-term housing needs and inventory growth expected to moderate sharply through 2026, the market is positioning for tightening vacancies and a return to rent growth as current lease-ups mature.
All information related to current market trends in the Dallas-Fort Worth area is provided by CoStar’s market data base.