According to Worldway Immigration, the national online real estate company Ten-X recently released its 2017 Fall Housing Market Report. Based on a comprehensive analysis of current conditions and forecasts, the report ranked the top 50 housing markets in the U.S. Surprisingly, the top three hottest housing markets are all in Texas, with Dallas ranking third.
Dallas Real Estate Market Performance Continues to Shine
Dallas possesses advantages such as economic growth, population increase, and strong buyer demand, which in turn drive up housing prices. It was already among the top performers in the summer housing market report of the same year, and by autumn, its advantages became even more pronounced, moving from fourth place to third.
The analysis report points out that the Dallas housing market continues to perform impressively. Although the sales rate has declined slightly compared to the previous quarter, it still exceeds previous peaks and is more than double the national growth rate. In recent years, due to excellent economic growth, an influx of new residents, and a significant increase in housing construction permits, demand in the Dallas housing market will remain high.
Global City Competitiveness Ranking: Dallas Enters the Top Ten
Recently, the Chinese Academy of Social Sciences (Institute of Finance and Trade) and UN-Habitat jointly released the "Global Urban Competitiveness Report 2017-2018," revealing the top ten cities in the global urban economic competitiveness index! The theme of this year's report is "Housing Prices, Changing the Urban World." The research team used economic density and economic increment indicators to measure the competitiveness index of 1,007 cities worldwide. Dallas is ranked in the top ten, which sufficiently demonstrates its immense potential.
The Future's Greatest Investment Opportunity in the U.S. is in Dallas
Surging demand from the population. Dallas's lower housing prices and cost of living, combined with its family-friendly lifestyle and world-class amenities, attract a large number of people to relocate here every year. According to the latest statistics from the Dallas Morning News, nearly 80,000 people moved to the North Dallas area last year alone, meaning the region adds 200 new residents per day. It is expected that within the next 10 years, the Dallas-Fort Worth (DFW) area will add 1.5 million people. The rapidly rising population has caused the local real estate purchase and rental market to enter a booming phase.
Convenient transportation and prosperous commerce. With transportation extending in all directions, coupled with Dallas's pro-business culture, the city provides a broad platform for corporate development. It is an optimal choice for corporate investment and a golden area for wealthy, high-income individuals to reside. Furthermore, because Dallas has no state or city income tax, it has attracted many of the world's top 500 companies to establish operations in the city.
As an important region for U.S. economic development, the Dallas area is bound to show a rapid upward trend in the future, both in terms of the real estate industry and local economic construction. It can be said that Dallas is an undervalued area for overseas investment.
Population growth, economic growth, the entry of large enterprises, high employment rates... almost all factors favorable to investment development are present. Shouldn't Dallas, Texas, be one of your top choices for investment immigration to the United States!
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