Dallas is back on top as the best city in the United States for real estate, according to a report released October 10 by PwC U.S. and the Urban Land Institute.
The city had fallen to No. 5 last year, but its young workforce and high business startup activity propelled it back to No. 1, according to the 2019 Emerging Trends in Real Estate report from PwC and the Urban Land Institute.
“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. said. “It points to a lot of things that Dallas is doing right — leadership, investment in infrastructure, urbanism, and exurbanism.”
Dallas-Fort Worth added 146,000 new residents last year, outpacing every other metro in the nation, according to U.S. census data.
“One of the things that really impressed everyone [about Dallas] was the generosity of the private sector in helping to meet public goals,” Carlock said.
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