Top 10 Cities with the Fastest Growing Economies

24/7 Wall Street published its list of last year’s fastest growing economies. While this list does not directly pertain to real estate, there is usually a strong correlation between growing economies and low unemployment on the one hand, and property appreciation and rising rents on the other.

Top 10 Cities per GDP Growth Rate

  1. Midland, TX:  9.4%
  2. San Jose Metro:  8.9%
  3. Lake Charles, LA:  8.3%
  4. Provo/Orem, UT:  7.6%
  5. Visalia/Porterville, CA:  7.6%
  6. Santa Rosa, CA:  7.2%
  7. Raleigh, NC:  7.0%
  8. Bend/Redmond, OR:  6.9%
  9. Beaumont/Port Arthur, TX:  6.1%
  10. Billings, MT:  6%