Current Market Data

Real estate in brief: Cooler prices, association hires and more
Real estate in brief: Cooler prices, association hires and more

In national real estate news, we have the first indication that home price increases have hit negative territory, economists disagreeing about why that might be and a new hire at NAR.

Indicators suggest an upcoming buyer’s market
Indicators suggest an upcoming buyer’s market

Using these two sets of data released Tuesday, the market’s outlook for the next few months seems to be good, since pending home sales have been increasing and home price growth has been decreasing.

Home sales fall back to earth in March
Home sales fall back to earth in March

Although disappointing on its face, the news that sales activity declined in March compared to an unusually strong February wasn’t a shock to housing market experts.

Check out the agents, offices and listings making big Q1 moves
Check out the agents, offices and listings making big Q1 moves

See how 2019 started out with our first quarterly release of Real Data.

Sales down but inventory increases heading into spring market
Sales down but inventory increases heading into spring market

Housing inventory rose to a 4.4-month supply, an increase from both last month’s 3.4 months and last year’s 3.2 months. Chicagoland inventory is also higher than the national supply of 2.7 months.

Survey: Working with high-end clients
Survey: Working with high-end clients

Find out what Chicago Agent magazine readers who work in the luxury business have to say about their clients, transactions and trends in the market.

Luxury trends crisscrossing the suburbs and city alike
Luxury trends crisscrossing the suburbs and city alike

Chicago is one of the many cities identified as “power markets” by Coldwell Banker’s Global Luxury program, a distinction that didn’t surprise Dawn McKenna.

What the NAR generational trends report says about you
What the NAR generational trends report says about you

NAR's Home Buyers and Sellers Generational Trends Report is full of facts and figures, but we’ve focused on a topic that may be especially close to the hearts of agents: what buyers from these various generations think of you.

Hispanics the only ethnic group with net growth in US homeownership
Hispanics the only ethnic group with net growth in US homeownership

In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State of...

Southern cities lead in new construction
Southern cities lead in new construction

The Census Bureau recently released a report for February 2019, showing a shortage of homes on the market. Despite a national drop in construction of new homes, a few cities have still been able to push permits for new residential...

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