Buffalo named hottest real estate market for 2025 for second year in a row

Buffalo, New York, has been named the hottest real estate market for 2025, marking its second consecutive year in this position. The city has a strong sellers' market, driven by job growth and relatively affordable housing compared to national averages. Indianapolis, Indiana, ranks second, with a positive outlook for home value appreciation. Other cities in the top five include Providence, Rhode Island, Hartford, Connecticut, and Philadelphia, Pennsylvania, all benefiting from affordability in the Northeast and Midwest. Despite Buffalo's strong market, construction has not kept pace with demand, leading to a shortage of available homes. In contrast, cities like New Orleans and San Francisco are expected to cool due to job market pressures.