Current Market Data
Market activity in Chicago has quickened considerably, according to a new series of stats from Redfin. Chicagoland’s housing market had the need – the need for speed – in October, with time on market in the area falling a
What were the city of Chicago’s busiest neighborhoods in October? October was a jolly good month for home sales across the Chicagoland area, but what areas of the city are seeing the most activity? To find out, we requested
October would seem to be a rockin’ good month for new residential home sales, but is there more to that data than meets the eye? Let’s start with the good news – according to the Census Bureau, new residential
Chicago made it two for two in major home price indices, as the market continues to show signs of recovery. Home prices in the Chicagoland area rose 12.3 percent year-over-year in October, according to the latest Home Price Index
Construction spending was positive in October, but what do the larger trends say about construction in 2014 and beyond? For the second week in a row, the government has released promising numbers for construction, though there still remains considerable
October was a great month for residential construction, with both the single-family and multifamily markets rising to new post-boom levels. Though the government shutdown handicapped the Census Bureau’s data on residential construction, what it did report in its latest
Pending home sales were down in October, and there remain several pitfalls for housing in the coming months. Pending home sales fell yet again in October, and the terrain remains a bit precarious for housing, according to the latest
Residential construction has been on the rise throughout the country in 2013, but what of here in Chicago? October was a very good month for residential construction in Chicago. How good? Try this: according to the latest analysis by
September was a very promising month for home prices in the Windy City in the latest Case-Shiller Home Price Indices Home prices in the Chicago metropolitan area rose 9.7 percent year-over-year in September, according to the latest Case-Shiller Home
Homebuyers have many things to consider when looking for a new residence, but what ranks among the top considerations? Buying a home is all about weighing the positives and the negatives, but as any real estate agent knows, not
Round and round we go on the housing inventory roller coaster! Where did it stop in October? Existing-home sales may have dipped a bit from September to October, but there was one undeniably positive sign in NAR’s latest report
Inventory shortages continued to cramp existing-home sales’ style, according to the latest analysis by NAR. Existing-home sales were down for the second month in a row in October, falling 3.2 percent from September, according to the National Association of
What types of homes have proven most popular with homebuyers in 2013? We take a look at recent NAR data to find out. Consumer preferences are an ever shifting, evolving landscape, and few regions of the economy shift more
Though the expected seasonal slowdowns are in force, Chicagoland nonetheless posted strong housing numbers in October. Homes sales in the nine-country Chicagoland area rose 9.6 percent year-over-year in October, with the area posting 9,303 sales for the month, according
Builder confidence held steady in November, with more builders seeing conditions as good than bad. Builder confidence for the newly built, single-family home marketplace was unchanged in November from a downwardly revised level of 54 in the latest National
The housing market has seen strong price gains through much of 2013, but has it made up all that lost ground from the downturn? Let’s start with the good news: there’s no way that the national housing market is