Current Market Data

Chicago’s multifamily market among top-performing metros during pandemic

Freddie Mac’s latest multifamily midyear report reveals the effect of COVID-19 on the market so far, predicting total origination volume will decline by between 20% and 40% by the end of the year.

Home prices accelerated in June as the housing market continues to demonstrate its strength

CoreLogic’s HPI Forecast predicts prices will continue to post annual gains through 2020, a sign of the sector’s continued resiliency.

Chicago has higher millennial homeownership rate than national average

Report finds lower cost of living, higher median earnings compared to national average.

Consumers remain optimistic even as population declines in the Midwest

A survey conducted by Meyers Research shows that homebuyer confidence has actually increased during the pandemic; what’s changed is where people want to live.

Chicago’s CRE community is worried, but residential real estate offers two bright spots

A new report from The Real Estate Center at DePaul University checks in on how the industry and Chicago’s economy are doing halfway through a challenging year.

Chicago ranked 29th most expensive city for housing

RealtyHop asks whether homeownership is affordable for the average family. See how Chicago did.

Two months in a row for improved pending home sales

Contract activity up over last year “remarkable,” according to NAR chief economist.

Home prices continued to rise in May, albeit slightly

Amid high unemployment and continued pandemic woes, home price growth remained stable in May.

Home price appreciation expected to accelerate through the summer, according to a new report

The supply and demand imbalance that existed entering the pandemic has worsened, ensuring house price growth will likely remain strong this summer.

Newly pending sales in Chicago up 14.9% in mid-July

Zillow reports that homes typically went under contract in two weeks.

Pandemic-era homebuyers are migrating for more space

The coronavirus pandemic is causing homebuyers to rethink what they want in a home, with more people relocating to places where they can afford more outdoor space and room for home offices, according to a new report.

The new pandemic escapism is online home shopping

Now might be a good time for brokers to make sure their online assets are in order, according to a new report from Today.

New residential home sales soar in June

New single-family home sales climbed in June, supported by low interest rates, a renewed consumer focus on the importance of housing and rising demand in lower-density markets like suburbs and exurbs.

NAR: Existing-home sales bounce back in June

See how the Midwest did last month compared to the rest of the nation.

Sales down in Chicagoland, but contract activity up sharply

The data indicates that next month’s existing-home sales report will likely be much brighter.

Single-family rent price growth plunged in May, according to new report

Rent price growth for single-family homes in May slowed to its lowest level since 2010.

New Subscribe

  • This field is for validation purposes and should be left unchanged.