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Property News for 22 March 2022
Highrise apartment building opens in Skokie, with some rents over $4,000
Chicago Tribune - 22 Mar 2022 23:50
A 12-story luxury apartment building is opening in downtown Skokie, with rents as high as $4,000 for a 1,200 square foot three bedroom.
Mortgage rates are surging faster than expected, prompting economists to lower their home sales forecasts
CNBC - 22 Mar 2022 21:36
Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.
'Red flags' as some China property developers say they can't release earnings on time
CNBC - 22 Mar 2022 08:38
A slew of Chinese real estate developers, including Evergrande, say they either can't release their financial results on time or have yet to set board meetings.
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