Urban Real Estate

Single Buyers Are 1/3 of Chicago Market

Single Buyers Are 1/3 of Chicago Market

The latest numbers show that fully one third of Chicago-metro area home buyers in 2015 were single, a large surge that has been growing over the last ten years.

The 2015 figure, which shows single buyers aged 25 to 34 made up 33.8 percent of buyers in the Chicago area, is a 9.2 increase from 2005. Part of the reason the number is so high in Chicago is that the city is among the most affordable places in the nation to buy and it runs counter to the national trend.

Read more at Crain's here.