• Luxury home sales in the seven-county Chicago metro area increased 12 percent annually in the second quarter of the year.
  • Home sales in the city of Chicago grew 18 percent year-over-year in the second quarter, making up 48 percent of the total amount of luxury sales in the region.
  • Despite the climb in home sales, prices dipped a bit in the Chicago metro area.

The luxury housing market is on the rise in Chicago, witnessing double digit gains in the second quarter of the year. According to a recent report by Re/Max, the Chicago luxury housing market picked itself back up after a mediocre start in the first few months of the year.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top