China | World | Business | Entertainment | Sports | Photos
    Home>> Business

Real estate business booming in Chicago

来源: Xinhua 作者: 2015-07-23 16:50:55

  Real estate market continued to show strength in Chicago, a city in the U.S. state of Illinois, in June, with the existing-home price refreshing the highest level since August 2008.

  Chicago saw sales of 3,110 homes in June 2015, up 9.3 percent from the same month last year or 15 percent from the previous month, Illinois Association of Realtors said in a report Wednesday.

  The median price of a home in Chicago was 290,000 U.S dollars, up 5.5 percent from June 2014, refreshing an almost seven-year high.

  "Median prices in Chicago have increased steadily since October 2012, providing a remarkable comeback story for the city's real estate market," said Hugh Rider, president of the Chicago Association of Realtors and co-president of Realty & Mortgage Co. in Chicago. "Consumer interest remains keen, as shown by the month- over-month increases in sales recorded since February and the relatively short time it is taking to sell a home."

  The successful sale of the city's skyscrapers is also a testament to the booming real estate business in Chicago.

  The Aon Center, Chicago's third-largest skyscraper, has been sold to The 601W Companies, a New York private real estate investment company, at a price of 712 million U.S. dollars, according to the center's owner, Piedmont Office Realty Trust. New York-based Blackstone Group, which sold the Aon Center to Piedmont 12 years ago, paid in June a record sum of 1.3 billion U.S. dollars for the 110-story Willis Tower, the tallest building in Chicago.

Keywords:Chicago,market,business

editor:李雪曼
 China's last gun-toting tribe China's last gun-toting tribe Some 2,500 residents of Basha Miao ethnic village in southwest China continue to preserve the traditional way of life .
Women hold up half the sky, but men own homesWomen hold up half the sky, but men own homes Why do housing prices keep hovering at high levels, if not continuing to soar in Chinese cities?
Chinese Movie Boom in 2016Chinese Movie Boom in 2016 In 2015, China's movie industry witnessed progress in almost every aspect of filmmaking.
China's Urbanization Choice: A Bet on ProsperityChina's Urbanization Choice: A Bet on Prosperity China recently hosted a strategic conference in its contemporary history of urban development of the last three decades.
Commentary: Resumption of China-Japan-South Korea summit conducive to solving Korean Peninsula issue Commentary: Resumption of China-Japan-South Korea summit conducive to solving Korean Peninsula issue The sixth China-Japan-South Korea leaders' meeting started in the South Korean capital of Seoul on Sunday, resuming the trilateral cooperation mechanism after a three-and-a-half-year suspension.
Premier calls for joint efforts to stabilize Korean peninsula Premier calls for joint efforts to stabilize Korean peninsula Premier Li Keqiang urged for joint efforts to stabilize the situation on the Korean peninsula to continue during his meeting with President of the Republic of Korea Park Geun-hye in Seoul on Saturday.
1 2 3 4 5 6