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Austin slides from top 10 in ULI’s ranking of top real estate markets

Friday, November 1, 2024 by Chad Swiatecki

For the first time in over a decade, Austin has slipped out of the top 10 in the Urban Land Institute’s (ULI) forthcoming annual Emerging Trends in Real Estate® 2025 report. The report, which examines nationwide real estate prospects, ranked Austin fifth in 2024, fourth in both 2022 and 2023, and first in 2020. This year, Dallas-Fort Worth claimed the top spot, with Houston third and San Antonio 13th. Austin remains in the elite “Super Sun Belt” category, though ULI noted a moderation in the city’s once-strong migration patterns, rising housing prices and office vacancies. Despite these challenges, Austin’s economic diversity and employment strength keep it firmly positioned as a Sun Belt staple.

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