In a new national survey from Urban Land Institute and PwC, Boston’s real estate market stands out. The survey, which ranks the hottest real estate markets in the U.S. saw Boston jump three spots to seventh in the nation.
“Boston is at the center of a number of real estate trends like redevelopment, technology, and sustainability.”
Boston’s younger workforce, STEM (science, technology, engineering, and math) job market, sustainability efforts and redevelopment were all attributed to the rating jump. Boston scored exceptionally high when it comes to investors’ demand and local public-private investments.
In the survey, Dallas-Fort Worth ranked number 1 in the nation but Boston’s ranking as 7th best makes it the highest-ranked gateway market in the 2019 survey. You can see where other U.S. cities rank in this annual survey in the PwC report on page 37, Emerging Trends in Real Estate 2019.