Which cities offer the best opportunities for investors? The answers have shifted in the past year, according to PWC and the Urban Land Institute's latest report on emerging trends in real estate in 2025. It is based on interviews and survey responses from almost 2,000 industry experts.

This year, the top five markets for their overall real estate prospects were Dallas/Fort Worth (DFW), Miami, Houston, Tampa/St. Petersburg, and Nashville. Others in the top 10 were Orlando, Atlanta, Boston, Salt Lake City, and Phoenix.

Ranked by their homebuilding prospects, the top five were Tampa/St. Petersburg, Fort Lauderdale, Inland Empire, DFW, and Atlanta.

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