What’s Next in Real Estate? Markets, Trends to Watch in 2017

Real estate in 2017 is to be shaped by cities that meet not only the economic standards of a sustainable market, but also the demand for distinct neighborhoods within those markets. This is according to the Urban Land Institute’s (ULI) and PwC’s latest report, “Emerging Trends in Real Estate® 2017,” which analyzes trends-to-come in both the U.S and Canada housing markets. Ten “gateway” markets, as defined in the report—those with both a diverse economy and “niche” neighborhoods—will stand above the rest: Austin, Texas Dallas/Fort Worth, Texas Portland, Ore. Seattle, Wash. Los Angeles, Calif. Nashville, Tenn. Raleigh-Durham, N.C. Orange County, Calif. Charlotte, N.C. San Francisco, Calif. Dominating the report’s list are markets in California, North Carolina and Texas, which have become ideal investment areas in both the commercial and residential sectors.