Seattle is the seventh-best overall real estate market in the country, according to the 2013 Emerging Trends in Real Estate report.
The Urban Land Institute, a nonprofit research and education group, and PricewaterhouseCoopers publish the annual report, which was released Wednesday.
Seattle’s ranking is down one spot from the 2012 report.
ULI and PwC base the rankings on interviews with real estate experts from across the nation.
As a global center for the software industry, Seattle continues to be the focus of many domestic and global investors, the report says.
By sector, Seattle has the fourth-best retail, industrial and office markets; its hotel market ranked eighth.
Overall, San Francisco and New York are ranked No. 1 and 2, followed by San Jose, Calif.; Austin, Texas; Houston and Boston.
After Seattle, Washington, D.C.; Dallas/Fort Worth; and Orange County, Calif., round out the top 10.
ULI Northwest’s real estate forecast meeting Nov. 7 at the Sheraton Seattle will feature a presentation on the report.