affordability
Only 1.7% of Chicago homes were affordable in 2023
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Chicago is the third-most cost-effective city — in the world
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High interest rates have homebuyers looking for ways to save
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Home values rise 25% above what’s affordable
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Overvalued markets increasing as mortgage rates rise
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Housing demand expected to return to pre-pandemic levels
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Overall new-home construction rises in March despite slowdown in single-family
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Homeownership remains cheaper than renting in majority of U.S.
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The New Starter Home
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What brokers see on the horizon for entry-level housing
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