Luxury Living Chicago Realty has announced a new milestone, according to information from Midwest Real Estate Data.

The developer Belgravia Group has announced that condos in the new CA6 development are more than 80% sold.

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

Spurred by rising mortgage costs, December’s average monthly rent grew to $1,877, according to a new Redfin report. 

The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc. 

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

Local artist Katie Lauffenburger is building dream homes on a miniature scale: 10-inch-tall ceramic house replicas, which double as planters.

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

In May of last year, the city began implementing a pilot program to bring Accessory Dwelling Units (ADUs) into compliance — but many real estate professionals still have questions.

Famed Chicagoan Helmut Jahn is memorialized in a new short documentary film, spotlighting the late architect’s distinguished career.

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan

Compass has released its Chicagoland 2022 housing forecast, based on a survey of 100 local real estate agents. And overall, they predict this year to be a sellers’ market.

Ground has broken on Embry, a 15-story luxury boutique condominium in the West Loop. The Chicago-based real estate developer Sulo Development is heading construction, with completion set for spring of 2023.

The forecast is in, thanks to the Zillow® November Market Report — and it’s looking to be an unseasonably warm winter for real estate.

Nationally, housing prices were also on the rise, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. 

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans.