Nationally, home sales rose 0.6% year over year but slid 0.7% month over month, RE/MAX said. 

The upside surprise came despite monthly and yearly declines in the pace of sales. 

The Chicago Cubs versus the Chicago White Sox game is a crosstown classic rivalry rooted in North Side vs. South Side history and culture. This year’s game on July 25, while not short of excitement, looked a bit different

This home has been carefully constructed out of retrofitted steel shipping containers using alternative construction methods.

The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory. 

The pace of detached and attached home sales was up slightly year over year, while prices showed larger gains — again. 

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 

The gain in the average buyer’s agent commission is the third quarterly increase since the National Association of REALTORS® changed its commission rules last August. 

Multifamily brokerage Luxury Living’s latest market update showed rents rising across all seven downtown submarkets in the second quarter. 

NAR’s report — which surveyed nearly 5,000 Realtor members — also found that the typical agent took on 10 transactions in 2024, the same as a year prior.

Fulton Grace Realty has acquired Main Street Real Estate Group, adding nearly 50 experienced agents and local experts to its team.

Crown Community Development has begun construction on The Grove, a 760-acre master-planned community located at the interchange of Interstate 88 and Route 47 in Sugar Grove, just 45 miles west of Chicago. 

As the spring homebuying season ended, U.S. home price growth softened significantly, opening the door to improved affordability.

Home-purchase activity remained elevated from 2024, but a cloudy economic outlook has deterred some would-be homebuyers. 

SVN Chicago Commercial has closed the sale of an approximately 80,000-square-foot parcel of riverfront land at 2221 W. Oakdale Ave., located in Chicago’s Roscoe Village neighborhood.