Housing Scorecard
Though housing starts are up, housing inventory remains down in Chicago. Meanwhile days on the market were the same, year over year, last month.
With inventory, existing-home sales and housing starts all down across the city, it was an overall slow month for Chicago real estate.
Days on the market continue to shrink even as existing-home sales slide. Take a look at other Chicago real estate indicators in this month’s Housing Scorecard.
Chicago’s latest Housing Scorecard is in. During August, housing starts, housing inventory and existing-home sales were all down.
Though housing starts were up in Chicago last month, existing-home sales and housing inventory remained down.
Overall, it was a tougher month for Chicago real estate. Existing-home sales and inventory were still down, though housing starts were up.
Although housing starts were up in May in Chicago, inventory remains down. The average number of days on the market also shrank.
Housing starts and existing-home sales were down in Chicago during March as interest rates continued to rise.
It was an all-around down month in Chicago, with housing starts, existing-home sales and inventory all falling. Days on the market also shrunk, though, to 39 days.
Overall, it was a downtrending month for real estate in Chicago: Housing starts, existing-home sales and inventory down decreased across the board.
In this month’s Chicago Housing Scorecard, existing home sales and inventory were down while housing starts trended up.
This month, housing starts were up while days on the market shrunk. But inventory and existing home sales were also down.
Over the last month, housing inventory remained down and days on the market continued to shrink. Existing-home sales were also down.
Unemployment and housing starts are up, while existing-home sales and inventory are down in this month’s Chicago Housing Scorecard.
Although housing starts were up in Chicago, compared to a year ago, inventory and existing-home sales were both down.