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Looking at the list again, I think one place that stands out to me is Denver. A lot of activity there last year in terms of real estate transactions. Possibly brought on by the covid "exodus" from the coasts?
Yes I stated this in the first post. I am assuming that Boston is Boston and immediate surroundings but I'm not sure.
So I looked up Boston on Yardi Matrix, and based on this pdf, it looks like a huge part of their urban and suburban core is included if this is also their area for office reports.
This isnt by MSA, but rather Yardi Matrix's own defined markets. Bay Area I'm guessing is the SF-SJ MSA outside of the city of SF?
This is their take, other data gathering sources might have other findings. Take this with a grain of salt.
What a weird list, they are comparing apples to airplanes. There is no rhyme or reason for their division of municipalities, going from internal subdivisions of NYC to entire metro areas or regions.
It's almost certainly based on brokerage stats (not looking into it). Brokerages define markets and submarkets however it makes sense in each region, for local use. Also their comprehesiveness and standards are different in each market.
Some of their data is useful for comparing cities, but much of it's misleading. It needs a lot of context or it's clickbait.
So how does Chicago do it. In da middle of the pack of fast growing cities.... when Chicago is called stagnant and losing people with what was a surprise 2% growth for the whole past decade. Still adding even office space and sales in a downtown market finally clawing out of its slump.
Even beating a Houston being claimed to overtake it in city population next few years. Chicago is not a speculative over-building city whatsoever either. Covid hit her hard too.
It surprises me the new office space going up in da West Loop next to the business core and residential. A city claimed lossing people, yet building new office space even residential to be on list with fast growing cities.
* Glad to see Philadelphia also moving up also in this highly Southern and Western city list of those with most building and sales. Its time has come too.
* Also, Is the Bay area using a region as a whole CSA? Meaning with SJ and all Silicon Valley?
* DC, is that with Baltimore metro to? Adds to numbers than other cities get no boost from most likely not counting a full region?
Stats are great. Just some cities get a huge boost by using a regional count larger than a metro?
* Chicago beating a Manhattan+Brooklyn for office sales 2021... though we know NYC was hit hard too for Covid.
* Beating a Houston not shut-down arguably as severely, being in Texas vs our Northern and Western cities. How can Chicago beat that market that is among the fastest growing metros in the Nation?
* Another is Chicago just below LA the beast LA is for 2021. Chicago still hit hard as them cities shut down more than our sunbelt ones, but for Cali.
So how does Chicago do it. In da middle of the pack of fast growing cities.... when Chicago is called stagnant and losing people with what was a surprise 2% growth for the whole past decade. Still adding even office space and sales in a downtown market finally clawing out of its slump.
Even beating a Houston being claimed to overtake it in city population next few years. Chicago is not a speculative over-building city whatsoever either. Covid hit her hard too.
It surprises me the new office space going up in da West Loop next to the business core and residential. A city claimed lossing people, yet building new office space even residential to be on list with fast growing cities.
* Glad to see Philadelphia also moving up also in this highly Southern and Western city list of those with most building and sales. Its time has come too.
* Also, Is the Bay area using a region as a whole CSA? Meaning with SJ and all Silicon Valley?
* DC, is that with Baltimore metro to? Adds to numbers than other cities get no boost from most likely not counting a full region?
Stats are great. Just some cities get a huge boost by using a regional count larger than a metro?
* Chicago beating a Manhattan+Brooklyn for office sales 2021... though we know NYC was hit hard too for Covid.
* Beating a Houston not shut-down arguably as severely, being in Texas vs our Northern and Western cities. How can Chicago beat that market that is among the fastest growing metros in the Nation?
* Another is Chicago just below LA the beast LA is for 2021. Chicago still hit hard as them cities shut down more than our sunbelt ones, but for Cali.
DC is a hot market. Not sure why you’d be surprised at its growth
Don't worry, nobody here thinks Phoenix is the #5 city.
Quote:
Originally Posted by ArizonaSky
We don't care. It's hard to get passionate about where City-Data posters or the Census rank your city when you're at a pool surrounded with bikinis in late winter.
Lol, yep, another case of City-Data vs reality.
Phoenix still is the 5th largest city and with so much growth ahead of it because it's a much newer city, but who cares if City-Data thinks it should be or not .. life's good here.
Go ahead Philly, you can call your city 5th .. I'm headed out hiking because it's yet another beautiful day out here.
Last edited by theTelecommuter; 03-06-2022 at 02:32 PM..
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