While many economists predict that home price growth will slow in 2022, a lack of available inventory will keep buyers competitive for the foreseeable future.
With permanent work-from-home arrangements growing in popularity, long-held assumptions about which metropolitan areas are most popular for homebuyers have been overturned, with less visible markets attracting interest from those looking for new housing, based on emerging real estate trends 2022. PricewaterhouseCoopers and Urban Land Institute report.
“There is clearly optimism within the real estate sector for its outlook in 2022 and there is undeniably a weight of capital available for investment,” said Anita Kramer, senior vice president of the Center for Real Estate Economics and Capital ULI Markets, in the report. .
The report included analysis of 1,700 real estate experts, investors, fund managers, developers, real estate companies, lenders, brokers, advisers and consultants. The list of what is expected to be the top markets in 2022 was based on strong growth, residential construction prospects, affordable prices, and job prospects. From the Appalachians to the Rockies, local lenders detail what is causing substantial growth in their metropolitan areas.