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Cities that never sleep, whose residents rent by choice – these are the top two trends recorded in PricewaterhouseCoopers and the Urban Land Institut’s study on real estate trends for 2015.

Their study found that “around-the-clock activity isn’t just for New York anymore,” as downtowns all over the country continue to boom with apartments, restaurants, offices and stores on city blocks within walkable distance to each other. Another trend is seeing an increase in foreign investors in markets that haven’t received much foreign investment in the past such as Phoenix, Houston, Dallas, and Hawaii.

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