Corcoran Urban Real Estate

New Homes Construction at 7-Year High

New Homes Construction at 7-Year High

Recently released data shows that housing construction in the Chicago metro area is at a seven year high.

A report out from Metrostudy shows that housing starts in Chicagoland reach a high of 6,250 during the year, ending with the second quarter of 2016, a figure that indicates a 5.6 percent increase and the best showing in new construction for this market in the last seven years.

The counties of Cook, Kane, Will and Indiana's Lake County represented the lion's share of the activity, with 72 percent of all new housing starts.

Read more at Curbed Chicago here.