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Rents edge up in Chicago Rents averaged $1,648 in July, an increase of 1.6% on a T3 basis, in line with national growth. Investment activity hit $1.4 billion, already exceeding last year’s total volume. Construction activity slowed down, with 16,213 units underway.
Rents averaged $1,648 in July, an increase of 1.6% on a T3 basis, in line with national growth. Investment activity hit $1.4 billion, already exceeding last year’s total volume. Construction activity slowed down, with 16,213 units underway.
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