Current Market Data

CoreLogic HPI: Home prices are up across the board

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

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Rates of homeownership are still drawn upon racial lines, study finds

Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by

Housing affordability proves problematic for Chicago’s low-income renters

A new study by Zillow reveals that rent growth continues to eclipse income growth for Chicago’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in

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Chicago construction rates declined in July, report finds

Though the amount of construction in Chicago might seem abundant to its residents, the dollar amount spent on construction starts is actually on the decline throughout the city. A recent report by Dodge Data & Analytics reveals that total

Corporations wooed by Chicago millennials

It used to be that post-college, people strove for suburban living, where they could easily afford more space and vehicles, allowing them to be more mobile. But today, that age group is increasingly attracted to urban cores, thanks to

The top five risks Americans consider when buying a home

As with any major investment, there is much to worry about when it comes to purchasing a home. For many potential buyers, the road to ownership is often blocked by personal hazards such as growing student loan debt, limited

Redfin: Chicagoland neighborhood one of country’s hottest

The Country Lakes neighborhood in Naperville is one of the top 10 Hottest Neighborhoods in the country, according to Redfin. The list is based on recent growth in home listing page views and favorites on Redfin.com. The median sales price

See which interior design style is preferred by Illinois residents

Dust off that gaudy chandelier and break out the lace: Victorian interiors are back in style, at least for some Americans. Though it may be surprising, a recent report from custom furniture brand Joybird reveals that Victorian-era designs are the most

On the move: Why Chicago renters are leaving in droves

Despite settling in Chicago, a recent Apartment List report suggests that many of the city’s renters aren’t so settled after all. The survey – which consists of nearly 24,000 metropolitan renters nationwide – reveals that nearly 80 percent of residents currently

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Overall housing starts fall in July while single-family starts remain steady

Builder confidence led to a solid single-family housing market in July while overall housing starts decreased, according to new data from the U.S. Department of Housing and Urban Development and the Commerce Department. A similar report from the National Association

More Americans are shying away from homeownership, survey finds

  Though the housing market may appear constantly abuzz with new buyers and sellers, an Experian survey has found that fewer and fewer Americans are interested in owning a home. In fact, 27 percent stated that they were not

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New survey shows shift in home types, finishes

As the housing market continues its rebound, trends among builders and buyers are evolving. A key finding from the recent 2017 Builder Practices Survey from Home Innovation shows that the market is seeing a move toward central price points. The

Man’s best roommate? Survey shows dogs influence housing choices

Feeding, cleaning up after, visiting doctors, taking trips to the playground. Yes, dog ownership is much like caring for a child, but it’s still often shrugged off as less of a commitment than parenting a human — some even

Luxury home prices saw strongest growth since 2014

For the first time since 2014, luxury home prices saw stronger price growth than homes in the bottom 95 percent of the market, according to the latest report from Redfin. Luxury home prices rose 7.5 percent in the second

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Housing sentiment falls in July after last month’s record high

The Fannie Mae Home Purchase Sentiment Index (HPSI) saw decreases in three of the six components in July, leading to an overall decline of 1.5 percentage points to 86.8 in July after June’s record high of 88.3. However, it

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Redfin stock struggles to find its footing

After its share price exploded in early trading, Redfin stock has fallen back to earth — though the company is still bullish about its long-term prospects. After debuting on July 28 at $15 per share, the real estate technology firm quickly spiked,

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