The Real Deal New York

Dallas is the top city in the country for real estate, a new report says

October 11, 2018 05:51PM

A report released by PwC U.S. and the Urban Land Institute on Wednesday has named Dallas the top city in the country for real estate. Last year, Dallas took fifth place on the list, but it moved back up due to its “young workforce and high business startup activity,” Bisnow reported. “It’s instructive that in light of how much development has gone on in Dallas during this recovery that it is still a No. 1 investment destination,” PwC U.S. real estate leader Byron Carlock Jr. told the outlet, adding that Dallas has strong “leadership, investment in infrastructure, urbanism and exurbanism.” Brooklyn clinched the second place on the list, and Raleigh-Durham took third place, the outlet reported. [Bisnow]