2026 FORE CAST
Consensus among economists: 10-15% growth in transactions. Lawrence Yun, Chief Economist at the National Association of REALTORS® predicts measurable sales increases from slightly better mortgage rates and pent-up demand. The Chicago Setup:
Continued 2-3% price appreciation projected Limited inventory keeps competition strong
Logan Square, Humboldt Park, Bronzeville, Uptown positioned for growth Luxury market maintains momentum as new construction remains limited
Climate-safe investment destination attracts coastal buyers If rates drop below 6%, expect 15-20% transaction surge
Following a decade of decline, Chicago is experiencing population growth again per Census Bureau estimates. Combined with climate migration trends, this bodes well for long-term demand.
12
THE 2025 CHICAGO REAL ESTATE MARKET BRIEF & 2026 FORECAST
Made with FlippingBook Online newsletter