The U.S. Supreme Court’s decision overturning the Centers for Disease Control’s eviction moratorium has ended the federal ban, but not the questions. Responses to the ruling from a broad spectrum of stakeholders make it clear that much more lies before the crisis is resolved.
Category Archives: Market Trends
Commercial Real Estate Market Trends
The pandemic may not totally be in the rearview mirror, but the economy is already starting down the path toward recovery
Median rent for a two-bedroom apartment in Chicago jumped 1.2 percent to $1,423 in August from July and is up 4.4 percent from a year ago, according to a report by Apartment List. It has now risen for seven consecutive months.
Fritz Kaegi knew he was walking into the line of fire when he set out three years ago to revamp Cook County’s property tax assessments. Still, he says, he is pushing to reform the system, which he described as flawed, unfair, and in some cases corrupt for many generations.
Deal volume for US commercial real estate assets rose 74% year-over-year in July and remained well above the average pace set across each July since 2005, according to a new analysis from Real Capital Analytics.
Sales of properties valued between $5 million and $25 million have “easily” outpaced those from the same period in 2019 and 2020, according to a new report from Green Street, with $28.11 billion in smaller assets changing hands.