Market Trends

While it’s true that real estate is generally one of the most reliable markets for investment, it’s also a fact that the industry runs on cycles. The COVID-19 pandemic accelerated and even upended many of those cycles. Even now, nearly two years after it took hold in the United States, the pandemic continues to have a see-saw effect on markets.

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.

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.

Sharply escalating prices and the uncertain severity of the omicron variant of the coronavirus cast twin shadows over forecasters’ expectations, but some still found reason for optimism in the face of such unknowns.