The Institute for Housing Studies (IHS) is a research center at DePaul University that provides analysis and data to inform housing policy and practice.
Chicago, Illinois
Joined March 2012
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Our Cook County House Price Index has been updated through the second quarter of 2023! The data illustrate variation in how pandemic era house price growth has slowed across the county.
ALT The IHS Cook County House Price Index graph
The Institute for Housing Studies has had a productive spring! We updated our House Price Index, published an article in a national journal, and continued our collaborative work with community partners.
Read more in our Spring 2024 newsletter: mailchi.mp/depaul/ihs-resear…
ALT An apartment building in Chicago, during the spring
To stay informed on new releases from IHS, consider signing up for our newsletter here: eepurl.com/dp7aeD
Our Cook County House Price Index has been updated through the fourth quarter of 2023! The data show how factors such as high interest rates and economic uncertainty are affecting submarkets across Cook County in varied ways.
housingstudies.org/releases/…
ALT A screenshot of IHS' House Price Index graph.
All Cook County submarkets have higher prices than at the start of the pandemic, and most are at all-time highs. However, recent trends show increased volatility with some areas seeing price drops compared to the previous year.
Access the full analysis and data for 17 submarkets in the City of Chicago and 18 submarkets in suburban Cook County here:
housingstudies.org/releases/…
Institute for Housing Studies retweeted
More than one-third of vacant lots in Chicago are close to “L” stations, a new report shows, creating challenges for neighborhoods and the CTA alike. trib.al/2poI5Wp
As part of this project on ETOD's potential in Chicago, IHS produced an analysis of vacant land near CTA stations. To learn more about the project, read Elevated's thread below: 👇
Vacant lots are a longstanding challenge in Chicago most felt on the South and West sides. Yet insights from our new research indicate the vast opportunity they represent for community-led #ETOD, with most lots located within ½ mile of public transit. 🧵 elevatedchicago.org/chicagos…
You can also read IHS's report here: housingstudies.org/releases/…
We recently updated our Mapping Stories of Neighborhood Change tool, which pairs local reporting on community development with our data on displacement risk.
Explore the tool here: housingstudies.org/blog/mapp…
ALT A construction site in the West Loop, Chicago.
Institute for Housing Studies retweeted
According to @HousingStudies research, Chicago is short 119k affordable housing units. With questions around how to fund housing and development, @DePaul_SPS’s Amanda Kass weighs in on how it might affect the city’s debt. Learn more @WBEZ: ow.ly/KKqN50QHe8H
Institute for Housing Studies retweeted
Over the last decade, an increasing number of Cook County homeowners, particularly older adults, have used transfer on death instruments, a cheaper and simpler estate planning tool. trib.al/u43MVKY
IHS’ latest research brief is about estate planning. Since 2012, Illinois has given homeowners the option of using a Transfer on Death Instrument (TODI) to reassign a property owner upon the current owner’s death.
housingstudies.org/releases/…
ALT A row of yellow brick houses in Chicago.
IHS mapped out the usage of TODIs in Cook County. We found that TODIs are more likely to be recorded on properties with senior exemptions, and those in modest-income and predominantly Black communities.
ALT A bar graph showing the share of residential parcels that have a TODI.
Find out more about the importance of estate planning and explore our data here: housingstudies.org/releases/…
The data indicate that a greater number of Chicago submarkets are seeing year-over-year price declines compared to the 2022 Q2 update. However, prices are still higher than pre-pandemic levels countywide.
Access the full analysis and data for 16 submarkets in the City of Chicago and 17 submarkets in suburban Cook County here: housingstudies.org/releases/…
Institute for Housing Studies retweeted
Mayor Johnson’s 1st budget season has many hoping for an investment in affordable housing. Several Chicago neighborhoods have become less affordable due to the loss of two & four-flat buildings, according to @HousingStudies. ow.ly/BYQf50PW8tE
Institute for Housing Studies retweeted
What does the rental market look like in Chicago? @HousingStudies exec director Geoff Smith discusses the latest trends in rental housing on @WGNRadio
ow.ly/F8vr50P8CMZ