N
ortheast poised to lead U.S. real‑estate in 2026, with Jersey City and Brooklyn climbing the rankings. Markets that combine diverse employment and a livable cost of living are projected to stay strong.

    PwC, together with the Urban Land Institute, published its 2026 Emerging Trends in Real Estate report, ranking the top markets for investment and development. The list derives from a survey of over 1,000 industry experts who evaluated prospects across the country. While the Sun Belt has long been touted for affordability, the report highlights the Northeast as a key region for 2026. “Four Northeast markets appear in the top ten,” said PwC partner Andrew Alperstein. “New York City’s return to office life, along with the accessibility and amenities of Brooklyn and Jersey City, makes them attractive for younger professionals.”

    Jersey City surged 17 places last year, thanks to its proximity to Manhattan. Demand for dining, shopping, and housing has spurred $177.4 million in development during H1 2025, with 65 % of that capital directed toward apartments (CBRE Research/MSCI data). In contrast, Southern growth has slowed due to a narrower economic base. Austin’s tech‑heavy focus has cooled, leaving only two Texas cities in the top ten and three in the top 25. Alperstein noted that Dallas and Miami offer broader employment diversification, giving them an edge.

    Cities that thrive into 2026 are those that balance affordability, robust job markets, and ample amenities without major compromises.

    **Top 10 markets to watch for 2026 (2024 rank shown)**

    1. Dallas‑Fort Worth, TX – 2024 rank 1

    2. Jersey City, NJ – 2024 rank 19

    3. Miami, FL – 2024 rank 2

    4. Brooklyn, NY – 2024 rank 14

    5. Houston, TX – 2024 rank 3

    6. Nashville, TN – 2024 rank 5

    7. Northern New Jersey – 2024 rank 22

    8. Tampa‑St. Petersburg, FL – 2024 rank 4

    9. Manhattan, NY – 2024 rank 11

    10. Phoenix, AZ – 2024 rank 10

    These markets exemplify the blend of economic diversity, affordability, and lifestyle amenities that will drive real‑estate investment in the coming years.