Could Multifamily Be Texas’ Biggest Growth Engine?

Texas delivered ~92K new multifamily units, much of U.S. supply through 2025.
Texas apartment supply will slow in 2026, easing pressure on occupancy.
Rent growth has been weak recently but poised for rebalance post‑oversupply.
Texas multifamily landlords saw stable occupancy near 89–90% despite supply increases.
Statewide rent growth is mixed, yet multifamily outperforms other sectors.