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Chicago-area new-home sales see biggest spring since 2008: The tight inventory of existing homes for sale is a big part of the reason.

Authors :
Rodkin, Dennis
Source :
Crain's Chicago Business; 8/7/2023, Vol. 46 Issue 31, p4-4, 1p
Publication Year :
2023

Abstract

"Low inventory is definitely driving demand", said Matt Dill, president of Beechen & Dill Homes, a Burr Ridge company that he's the second generation to lead. Suburban sales were up 1.3% from the first half of 2022, to 2,472 sales, and city sales were down about 41%, to 139. [Extracted from the article]

Subjects

Subjects :
HOME sales
INVENTORIES
ROW houses

Details

Language :
English
ISSN :
01496956
Volume :
46
Issue :
31
Database :
Supplemental Index
Journal :
Crain's Chicago Business
Publication Type :
Periodical
Accession number :
169878586