Crain's Chicago Business reports:
U.S. home rental prices rose at a steady rate in January, but prices dipped in Chicago.Chicago's declining population isn't helping much either.
Real estate data firm Zillow said Friday that rents have fallen 0.5 percent in the Chicago area over the past year.
"Chicago did a whole lot of overbuilding during the housing boom," said Svenja Gudell, director of economic research at Zillow, noting that some select downtown neighborhoods in the Windy City still have prices rising at or above the national average.
