The WPJ

Chicago

Typical U.S. Home Selling Less Than List Price in June

National property broker Redfin is reporting that the typical U.S. home that sold during the four weeks ending June 23, 2024, sold for 0.3% less than its asking price.

AI Driving Significant Global Data Center Growth in 2024

A new report from CBRE reveals that ongoing power shortages are creating opportunities for development in emerging global data center markets and driving up rents in established markets worldwide.

Mortgage Rates in U.S. Dip in Late June

Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 6.86 percent as of June 27, 2024.

U.S. Pending Home Sales Fall to All-time Low in May

According to the National Association of Realtors, U.S. Pending home sales in May slipped 2.1 percent. The Midwest and South posted monthly losses in transactions while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions.

Chicago Property News












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