Downtown real estate market bucks local trend

The greater downtown Detroit area real estate market remains strong, despite the surrounding metro area’s sluggish home sales.

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The greater downtown Detroit area real estate market remains strong, despite the surrounding metro area’s sluggish home sales.

Excerpts from the article:

Last year, Detroit led the area with 1,039 building
permits for houses, condos and apartments, according
to data compiled by the city planning agency.

Downtown populations grew nationally by 10 percent on
average the last decade — even in some cities with
shrinking populations overall.

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