Chicago Real Estate News
Chicago
$1 Trillion in Data Center Development Underway Through 2030
North America's data center colocation market is straining under unprecedented demand, with vacancy rates plunging to just 2.3%, according to JLL's North America Data Center Report - Midyear 2025.
One in Five Americans Willing to Trade Personal Safety for Home Affordability
Nearly one in five U.S. homebuyers would sacrifice personal safety to purchase a home they can afford, underscoring the severity of the nation's affordability crisis, according to a new Redfin survey.
U.S. Home Price Growth Slows as Affordability Pressures Mount in 2025
In the second quarter of 2025, home price growth cooled across U.S. metro areas, reflecting shifting market dynamics amid persistent affordability challenges and rising mortgage costs.
U.S. Home Sales Remain Sluggish in May
U.S. existing-home sales ticked up in May, boosted by gains in the Northeast, Midwest, and South, though the Western housing market continued to lag, according to new data from the National Association of Realtors (NAR). The pace of sales rose 0.8% from April 2025 to a seasonally adjusted annual rate of 4.03 million units, but activity remains below last year's levels, down 0.7% from May 2024.
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