We have had quite the year in real estate here on the North Shore. With changing trends and rising interest rates, you may be wondering how these factors are shaping the landscape. Let's dig into some of the stats to find out!
December 2023 Market Update: New Trier Township Real Estate
In Chicago’s North Shore housing market, we’re seeing some interesting data that comes as a direct result of increased federal interest rates. During the pandemic, interest rates were at a historic low. In the spring of 2022, the Federal Reserve began raising rates in an effort to ease inflation and slow down the market. Now, we’re clearly seeing the impact, and it may surprise you!
