Welcome to our Top Producers/Real Data issue, one of the most highly anticipated issues of the year. We shine a spotlight on the biggest names in the business from the prior year.

Home-price growth could slow by the end of 2022, despite the housing market breaking records in January.

Home-price growth is expected to average about 5% this year, far below the record-breaking pace set in 2021, RCLCO reported. 

The new year kicked off with the hottest January on record, despite having the first pending sales decline since June of 2020, according to a recent Redfin report.  Last month, 45% of homes found a buyer within two weeks

Home values grew 19.6% last year, an all-time high in Zillow’s data, which goes back more than 20 years.

In 2021, home sale profits rose in more than 90% of the country’s housing markets and reached the highest level since 2008. 

Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand. 

Spurred by rising mortgage costs, December’s average monthly rent grew to $1,877, according to a new Redfin report. 

New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

It was another dramatic financial quarter for real estate professionals across Chicagoland, but Q4 real estate sales did not disappoint.

“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun

While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan