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Developers are Pumping Billions into Chicagoland’s Housing Market

by Peter Thomas Ricci

New analysis from Dodge Data & Analytics paints an encouraging picture for Chicagoland’s new construction marketplace

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The Chicagoland housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics.

Per Dodge Data’s report, Chicagoland homebuilders and developers pumped $349 million into the housing market in December and $4.8 billion over all of 2015; though December’s total was 3 percent less than a year ago, the overall 2015 market grew a healthy 10 percent over 2014.

How does Chicagoland’s market compare with other large metro areas? Check out our graph below to find out:

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