Listen as Dr. Daniel McMillen of the University of Illinois-Chicago, assesses what lies ahead for the Illinois housing market in 2024. McMillen is a professor of Real Estate and Associate Dean for Faculty Affairs at the College of Business Administration.

Housing inventory plays an important role, he says. So do inflation, interest rates and housing prices. He sees several reasons for optimism.

Listen to his message and download the 2024 Illinois Housing Market Forecast.