Eds and Meds Spur Growth in Pittsburgh
Once a predominantly blue-collar city, the area today relies on a diversified innovation economy and a highly educated workforce.
Dallas: Corporate Juggernaut
The DFW metro continues to achieve some of the fastest job and household growth rates in the U.S. The area’s economy is among the most diverse in the country and added 145,000 residents in 2016 alone.
May 2017
Commentary and data were supplied by Michael Neal, a senior economist with the National Association of Home Builders (NAHB).
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for June 2017 in New York City.
Strong Development Softens Demand in Portland
Anchored by a diversifying economy and fueled by an expanding population, the city’s multifamily market remains strong despite its recent slowing rent growth.
Tech Scene Stays Hot, Rent Growth Cools in San Jose
Silicon Valley is the nation’s largest tech hub, a top-performing venture capital market and one of the most prominent locations for startups.
Solid Fundamentals, Positive Momentum in Atlanta
The city has become an economic powerhouse in recent years. It is currently one of the fastest-growing metro areas in the nation.
Economy Watch: Rents Rising in More Than Half of US
Twenty-six states and Washington, D.C., saw rental increases during the first six months of 2017, according to a recent ABODO report. The largest average increases occured in South Carolina, Maine, Vermont and Rhode Island.
St. Louis Gears Up
Despite a slowly declining population, the city continues to see positive economic trends driven by job gains in education and health services, leisure and hospitality, and professional and business services.
Albuquerque: On the Mend
The area’s multifamily market is held back by a persistent struggle with a sluggish labor market. Despite being the hub of New Mexico’s technology corridor, the metro has experienced only modest population and employment growth throughout the recent economic expansion.