The housing market is insane. Thanks to the pandemic, everyone wants some property! Atlanta experienced a boom in the last decade and it was all real estate.
Atlanta, with a population of around 6 million, appears to punch above its weight. Storage Cafe examined new construction in the single-family, multifamily, self-storage, office, retail, and industrial sectors in the 50 largest metropolitan areas over the last decade to identify the most active real estate markets. After this research, Atlanta ranked 5th in new construction over the past decade and is ahead of Los Angeles and Chicago, showing remarkable real estate growth.
Over the past decade, Dallas has been a magnet for both new residents and businesses, which has benefited Dallas’ real estate market. This is how it landed the number one spot. Below are the top 10 most active real estate markets across the United States. Further down on the list at number 13 is Charlotte-Concord-Gastonia.
You can find the full report together with what experts have to say about the sustained construction activity in the country’s top 50 biggest metros over the past decade, here.