The Dallas/Fort Worth metropolitan area had the most apartments under construction last year across the country.
Just over 66,000 units were underway there, a 5.2 increase from 2023.
The New York/Newark/Jersey City area saw the biggest growth of new units under construction among the 25 metros analyzed. Forty-one percent more units – for a total of 52,213, the third-most in the country – were being built in 2024 compared to 2023.
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