Despite cooldown, Dallas is nation's second hottest apartment building market

Dallas-area apartment construction has cooled slightly this year, but the area remains the second hottest market in the nation, behind New York City.Apartment building permits issued in the Dallas-Plano-Irving metro area declined 1.5 percent during the 12-month period ending in May, according to data released Wednesday from Richardson-based RealPage Inc.
A total of 20,191 multi-family homebuilding permits were recorded in the Dallas area.That's second only to New York-Jersey City, with 30,562&he