July 2, 2025
Matrix Multifamily Chicago Report-June 2025
Chicago Rents Accelerate, Supply Slows
Chicago’s multifamily market began 2025 on a positive note, with advertised asking rents up 0.5 percent on a T3 basis through April, ahead of the 0.2 percent U.S. average. It helped that construction starts were down by a quarter, after two years of solid supply growth.
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