Real estate's vital signs are on the upswing across every major sector, according to various market researchers and reported by Crain's. Even suburban office vacancy rates are on the mend after climbing to over 25% during the recession. Among other findings charted over the last few years, Chicago-area retail vacancy is in steady decline, downtown and suburban apartment rents are surging, industrial vacancy is way down, and hotel occupancy and average room rates are way up. And yet we're all still so poor! [Crain's]
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