Current Market Data

Real Data 2020: Quarter 3
Real Data 2020: Quarter 3

The numbers are in for the third quarter of Chicago Agent magazine’s Real Data 2020!

Bigger is better, say homeowners and renters who are working from home
Bigger is better, say homeowners and renters who are working from home

The work from home phenomenon — and the need for a dedicated home office— is driving demand for more space among both buyers and renters.

Chicago suburb ranks high for big city feel
Chicago suburb ranks high for big city feel

The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.

Home price appreciation reaches highest level since June 2018, though declines predicted
Home price appreciation reaches highest level since June 2018, though declines predicted

The latest HPI Forecast predicts home price growth will slow over the next 12 months through August 2021 with price declines in 27 states.

Pending Home Sales hit record high; rally expected to continue
Pending Home Sales hit record high; rally expected to continue

August contract signings exceeded pre-pandemic levels, according to the latest Pending Homes Sales Index from the National Association of Realtors.

NAR helps secure federal funds for transportation, flooding
NAR helps secure federal funds for transportation, flooding

It was a hard-fought effort to procure federal funds in the middle of a recession, but NAR announced that the president is poised to sign a bill that provides money for road projects and flooding.

Chicago home price growth lags behind national figures
Chicago home price growth lags behind national figures

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index shows home prices continued to rise at a modest rate across the country in July.

Chicago homebuyers rush to the suburbs
Chicago homebuyers rush to the suburbs

“Based on the rising popularity of the burbs, some buyers might think they can catch a break by searching in the city, but unfortunately that’s not the case,” realtor.com Chief Economist Danielle Hale said.

Homebuyers: ‘We want green homes’
Homebuyers: ‘We want green homes’

Sustainable practices in real estate can increase sales and boost the community, according to a new study.

Home price increase doubles pre-pandemic rate
Home price increase doubles pre-pandemic rate

It was another week of firsts with the increase in home prices more than doubling the rate recorded in January 2020.

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