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Chicagoland’s Top New Construction Markets

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By Peter Thomas Ricci, ChicagoAgent Magazine

Earlier this week, we reported that new construction in Chicagoland is at its highest level since 2008, with more than 6,000 housing starts in the 12-month period ending with 2015’s third quarter.

Those housing starts were spread out unevenly across Chicagoland, and courtesy of some exclusive numbers from MetroStudy, we assembled a number of graphs that show where new construction is highest.

This graph illustrates total housing starts in the area’s counties:

Chicagoland top market

Both Kane and Will County were easily the most active new construction markets in Chicagoland, surpassing even the far larger Cook County.

Those totals were very much consistent with new construction sales:

chicago home sales

As consistent as those two graphs are, new construction’s growth since the downturn is a very different story. [Read More…]

 

 

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