2016 Development Market Report
May 25th, 2016
The 2016 @report: Risks and Trends for New Construction Condominium Development in Chicago
Introducing the 2016 @report, the most comprehensive study of Chicago’s new-construction condo market we have ever assembled. In addition to market data on eight core city neighborhoods, this year’s report draws on market data and direct survey responses from industry insiders to address important questions, including:
- What are the Top 5 Risks condo developers face in the year ahead?
- What features are developers including in new-construction that aren’t highly valued by condo buyers?
- In which neighborhood are condos selling for over 100% of list price?
Is unit sales decline indicative of low inventory or a softening market?Learn more
After logging 31 sales in a decade, The Ritz-Carlton Residences brought in @properties, and notched 25 in one year.Learn more
Lack of inventory is one of the most talked about current trends in the luxury market.Learn more
New residential community offers single family homes and luxury townhomes in southwest suburbsLearn more