housing market

Peoria Mayor Rita Ali will preside over the first regular city council meeting over her second term Tuesday, one week after taking her latest oath of office. She recently spoke to WCBU about her priorities for the next four years and a variety of issues facing the city.

Peoria area home sales dipped nearly 5% in 2024, and signs point to some of the biggest challenges in the market to continue into the new year.

The City of Pekin issued just six single family home construction permits in 2023. This year, they’re on track to have 50.

The Peoria Area Association of Realtors (PAAR) credits last year's nearly 12.8% drop-off to high interest rates and an ongoing shortage in inventory.

Plans are starting to take shape for future development of the former Harrison and McKinley school sites on Peoria’s south side. But they’re apparently not yet ready for the public.

Home sales were down 9.8 percent in the Peoria area for the 2nd quarter that ended June 30th. More than 1,560 homes sold during April, May and June. But…

Despite uncertainty in the state economic situation coupled with upcoming national elections, Illinois’ housing market continues to grow in terms of sales…

The Peoria Area Association of Realtors is reporting its most successful year since 2007. Home sales for the tri-county area increased more than six and…

Home prices are climbing in the Peoria Area. That’s according to the Peoria Area Association of Realtors second quarter home sales report released today.…