Current Market Data

Pending home sales finally grow year-over-year in June
Pending home sales finally grow year-over-year in June

The National Association of Realtors’ Pending Home Sales Index broke a 17-month streak of year-over-year declines to log an annual increase in June. Last month also marked the second month in a row in which nationwide pending home sales grew,

Economists: Recession likely in 2020 but housing won’t tank
Economists: Recession likely in 2020 but housing won’t tank

A poll of more than 100 real estate economists and experts finds half of the respondents think a recession will begin in 2020. Learn about their reasons for such assertions and predictions for the housing market overall in the next

Down payment assistance gains favor with buyers
Down payment assistance gains favor with buyers

As housing costs have continued to grow faster than the average buyer’s income, more are tapping into resources that can lower the substantial up-front costs of purchasing a home. But that could bring some major changes and a degree of

Despite uncertainty, June new-home sales grow over last year
Despite uncertainty, June new-home sales grow over last year

While sales of existing homes continue to underwhelm, housing market analysts are feeling more optimistic about new construction. The Census Bureau reported new-home sales in June came 7 percent above the revised sales pace for May, and 4.5 percent above

Home sales down more than 11% in Chicagoland and Illinois
Home sales down more than 11% in Chicagoland and Illinois

Opportunities for Illinois homebuyers have increased as home sales trended lower in June and median prices stayed relatively flat, according to data from Illinois Realtors. However, one factor that doesn't favor buyers is the fact that inventory remained

June home sales slip as affordable homes sell out
June home sales slip as affordable homes sell out

The national existing-home market nearly gave up the ground won in May with a less-than-stellar showing for June sales, according to the National Association of Realtors. Sales of existing homes in June came in 1.7 percent below the previous month’s

Harvard report: Home remodeling growth could slow way down soon
Harvard report: Home remodeling growth could slow way down soon

Weakening home sales, a sluggish new construction market and slowing growth in permitting for home improvement projects have all impacted the pace of remodeling, particularly projects undertaken with the goal of putting properties on the market for a quick

Real Data Q2 2019
Real Data Q2 2019

Once again it’s time to check in on the people and offices with the most activity in Chicagoland real estate. Get a quick glance of the people and offices who made waves in Q2 or dig deep into the full

Single-family housing starts fall 8.3 percent in Midwest
Single-family housing starts fall 8.3 percent in Midwest

High land and labor costs have tempered optimism that might otherwise accompany low mortgage rates and an economy that’s been strong overall. But there are also some encouraging signs on the

Chicagoland supply balances, but numbers vary wildly by county
Chicagoland supply balances, but numbers vary wildly by county

RE/MAX's June 2019 Housing Report for Chicagoland shows overall indicators of slower sales and moderately increasing prices. But the view depends a great deal on which county you’re selling

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