Dallas\u2013Fort Worth fundamentals reflected modest spring rent growth alongside elevated new supply. Average advertised asking rents ticked up 0.2%, on a trailing three-month basis through May, to $1,524, below the 0.3% U.S. average., as reported in the national multifamily report<\/strong><\/a>. Year-over-year, DFW rents fell 1.6%, lagging the 0.2% national uptick. The occupancy rate in stabilized properties decreased 70 basis points year-over-year, to 92.3% in April, driven by a 110-basis-point drop in RBN occupancy.<\/p>\n