Current Market Data

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

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

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

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

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

“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’

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

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.

Who’s doing better in home sales, liberals or conservatives?

A new report by Redfin shows counties of both political stripes are benefitting from a booming real estate market. See how the numbers break down.

Existing-home sales reach 14-year high in August

Total existing-home sales rose to an annualized rate of 6 million in August, the highest level since December 2006, according to the National Association of Realtors.

Housing market potential reaches highest level since 2007

A new report from First American Financial Corporation shows strong fundamentals like demographic demand and low interest rates are propelling housing market potential.

American homeowners got a little richer in Q2, though slowdown in equity growth predicted

A new report from CoreLogic shows homeowners gained over $620 billion in equity in Q2 2020.

Single-family construction up, multi-family construction down

The latest New Residential Construction report points to builder momentum, though supply-side challenges linger.

Chicago leads nation in home sales increase of 20%

Home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.

Mortgage applications down slightly as some consumers wait for another rate drop

A new report from the Mortgage Bankers Association shows a slight drop in mortgage application volume amid expectations of further mortgage rate reductions.

Wallethub: Illinois middling when it comes to COVID-19 restrictions

A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.

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