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Read Today’s Top Story: Houston real estate experts offer their predictions for
2023

 




140
5
66


HOUSTON RISES IN THE RANKINGS OF TOP U.S. REAL ESTATE MARKETS

by Emily Marek

November 01, 2022

This is a photograph of the downtown Houston, Texas city skyline at dusk.

Houston is one of the top real estate markets in the country, according to the
Urban Land Institute and PwC’s Emerging Trends in Real Estate in 2023 report.

Houston ranked 14th out of 80 cities examined, which is a big jump from last
year’s spot at No. 24 on the list. The year prior, Houston ranked even further
down the list, at No. 52.

The Urban Land Institute and PwC cited factors such as the Inflation Reduction
Act and “innovation communities” as some of the reasons Houston’s real estate
market continues to grow.

Additionally, Houston ranked 8th in the country for homebuilding. The report
also predicted that Houston will add nearly half a million new residents in the
next five years.

Posted In: Local News
Tags: Emerging Trends in Real Estate 2023, Houston real estate, PwC, Urban Land
Institute


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