The US metro with the fastest growing real estate values is currently Austin, Texas. The city's thriving tech industry, combined with a strong job market and a desirable quality of life, has attracted a significant influx of people. This surge in demand has led to skyrocketing property prices, making Austin one of the hottest real estate markets in the country.
On the other hand, Detroit, Michigan, is experiencing the steepest drop in real estate values. The city's ongoing economic challenges, population decline, and high crime rates have contributed to a decline in property prices. Despite efforts to revitalize the city, Detroit's real estate market continues to struggle, resulting in decreasing property values.