Fannie Mae forecasted that concessions will decline throughout 2022, returning to more normalized levels by the end of the year.
The most recent price data we have is from November when two of the most-watched inflation measures — the consumer price index and the personal consumption expenditure index — each climbed to a 39-year high.
Apartment occupancy in the U.S. has hit an all-time high, meaning anyone looking for a new place is going to have a rough time of it.
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Growth of business activity in the Chicago area picked up pace in December on continued strong underlying demand for goods, according to data released Thursday by MNI Indicators.