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The boost was likely due to the city's efforts to revitalize its business district.
Atherton, CA, where the median sale price was $7.9 million, is at the top of the list.
The multifamily sector is scheduled to set a 40-year delivery record this year.
Cities with a high number of owner-occupied homes with a mortgage may be most affected by rates.
The national median rent today is $10 per month cheaper than it was a year ago.
Three of the top 20 cities overall were in Wisconsin, and nine of the top 20 were in the Midwest.
As hyperscale growth accelerates, expect further developments
The level of competitiveness between market-rate and fully affordable properties varies greatly by locale.
The markets identified shared certain characteristics like low vacancy rates and strong demand.
Out of five executives, four predict growing investor demand for CRE assets.