Ten housing markets expected to grow in 2023
The top ten metro areas posed to see their housing markets grow over the next year will do so thanks to their “solid mix of local economic conditions, proximity to larger employment centers, and critically, more affordable housing,” according to Realtor.com.
Whereas only 4% of housing is affordable for a family earning the local median income in the ten markets that will see the weakest growth, the metro areas below have around 23% of the housing inventory at affordable levels.
1 Hartford-West Hartford-East Hartford, CT
3 Louisville/Jefferson County, KY-IN
4 Worcester, MA-CT
5 Buffalo-Cheektowaga-Niagara Falls, NY
6 Augusta-Richmond County, GA-SC
7 Grand Rapids-Wyoming, MI
8 Columbia, SC
9 Chattanooga, TN-GA
10 Toledo, Ohio
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