Dallas-Fort Worth has the best overall real estate outlook in the nation for 2025, according to the annual Emerging Trends in Real Estate report.
The report, by PwC and the Urban Land Institute, included interviews with more than 450 people and survey responses from 1,600 individuals in real estate, building, lending, construction, investing, property management and related fields.
Experts were asked to rate markets in categories such as investment potential and development opportunities, creating an overall real estate prospects score for 81 metro areas.
The areas with the best overall real estate prospects are, in order: Dallas-Fort Worth, Miami, Houston, Tampa-St. Petersburg, Nashville, Orlando, Atlanta, Boston, Salt Lake City and Phoenix.
“Given its size and continued demographic growth, it is not surprising that real estate investors have targeted DFW,” the report said. “The city secured the top spot in Emerging Trends for 2025 and has consistently ranked in the top 10 for the last six years. The metro area has seen solid annualized five- and 10-year returns of 7.9% and 8.8%, respectively.”
The report also rated the investment prospects of various housing types on a scale of one to five, with five being the best. It gave single-family housing a 3.6, down slightly from last year’s 3.68 but up from 3.32 the previous year.