The U.S. housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming back to pre-COVID levels, as evidenced by a slew of data released this week.
As Illinois nears the final steps in the state’s reopening plan, the road to economic recovery is slowly gaining ground. As is the case with other hard-hit gateway markets, Chicago’s rebound is gradually taking shape.
There is tremendous commercial real estate market liquidity, and interest rates are low.
According to every available measure, median home sales prices in the U.S. are at a record high, and they show little signs of cooling off.
Leasing activity in the nation’s top-tier apartment properties has picked up notably during 2021, resulting in tighter occupancy and climbing rents.
Behind President Joe Biden’s ambitious stimulus proposals are the question of how to pay for them. The proposals seek to answer that question through a series of tax increases that would effectively undo many of the lower rates enacted by Congress in 2017.