With the New Year under way, Pittsburgh movers have noticed that more and more families are choosing to relocate to the Steel City. This comes as no surprise considering how well the Pittsburgh real estate market is doing compared to the national statistics.

In fact, the Pittsburgh Business Times predicted that the following 2015 Pittsburgh real estate stats will continue to increase throughout 2016:

– Home sale prices increased 3.5%.

– Compared to 2014, new listings increased 6.3%.

– Home sales increase 8.1% compared to the previous year.

Along with the aforementioned 2016 Pittsburgh real estate predictions, sources say that Pittsburgh will become the second biggest market with millennials thanks to the city’s affordability and job availability.

In addition, experts suggest that 2016 is a great time to use your Pittsburgh moving company and to buy a new home. According to Realtormag.com, “more than 85% of the nation’s markets have rents that exceed 30% of the income of renting households.” Since home values in Pittsburgh are expected to rise 3.3% in 2016, this year is a fantastic time to buy in Pittsburgh.

Last year alone, the median sales price for Pittsburgh homes was approximately $114,000, with a 6.2% increase in sales. Coupled with the fact that unemployment is currently at 5.2%, which is way under the state of Pennsylvania and national average, Pittsburgh movers are expected to have plenty to do throughout 2016.