Chicago housing market

Despite Split Personality, Metro Chicago Housing Market’s Overall Results for May Were Similar to Last Year, RE/MAX Reports

CHICAGO/ June 14, 2018 (STLRealEstate.News) — Overall results for May in the metropolitan Chicago housing market were something of a repeat, closely echoing the numbers recorded in May 2017, RE/MAX reports. At the same time, the market has become increasingly divided due to a shortage of homes priced below $550,000. Total home sales in the … Continue reading Despite Split Personality, Metro Chicago Housing Market’s Overall Results for May Were Similar to Last Year, RE/MAX Reports

Reduced Sales Activity, Rising Home Values Dominated First-Quarter Trends in Metro Chicago Housing Market, RE/MAX Reports

CHICAGO/ April 19, 2018 (STLRealEstate.News) — Home sales in the metropolitan Chicago area continued to lag last year’s levels in March and throughout the first quarter of 2018, extending a trend that began in mid-2017, RE/MAX reports. First-quarter homes sales in the seven-county metro area totaled 20,198 units, dropping -7.6% from the same quarter last … Continue reading Reduced Sales Activity, Rising Home Values Dominated First-Quarter Trends in Metro Chicago Housing Market, RE/MAX Reports

Familiar Factors Yield Stronger February Home Sale Results for Chicago-Area, RE/MAX Reports

CHICAGO, March 19, 2018 (STLRealEstate.News) — The now familiar factors of a limited inventory of homes for sale and the continuing ascent of home values were evident again during February across the metropolitan Chicago housing market, according to RE/MAX Northern Illinois. Echoing results of recent months, February home sales activity dipped -2.2%, while the median … Continue reading Familiar Factors Yield Stronger February Home Sale Results for Chicago-Area, RE/MAX Reports