Chicago metro inventory doesn't seem to be on the way up

  • The volume of single-family construction permits pulled in the metro dropped by 6.6 percent on a year-over-year basis during the second quarter
  • Wilmette, Northbrook, Deerfield and Highland Park will see an increase in home construction
  • Chicago's remodeling industry is nearly 60 percent recovered from the housing bust

Recent data indicates that full recovery is a ways off, as the the volume of single-family construction permits pulled in the metro dropped by 6.6 percent on a year-over-year basis during the second quarter.