The Urban Land Institute and Pricewaterhousecoopers LLC released their annual ranking of the top markets to watch in 2018. Salt Lake City is the smallest city to crack the top 10.
Manhattan dropped 33 spots in the rankings due to high costs, while Houston fell to 60th place as it's considered by investors to be too energy-dependent, BloombergView reports.
Fort Lauderdale and Salt Lake City benefited from investors who saw those places as alternatives to higher-priced Miami and Denver, respectively ... The poll of more than 1,600 real estate experts was conducted before Hurricanes Harvey and Irma.
PB Topical Ref
