Texas Multifamily

The Cycle

Demand, supply, and capital across four Texas markets — measured as one cycle, 2010–today.

How to read this. Each dot is one Texas market. The further a market sits from the center, the further it is from its own long-run equilibrium; the angle around the circle is where it is in the cycle — expansion, peak, oversupply, then recovery. A market tracing a wide loop is running hot and cold; one hugging the center is balanced.

▶ Press play to watch all four markets move from 2010 to today as one motion — or click a market in the legend to isolate it.

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