Case Shiller: Chicago Area Falls To Last Place In Home Price Gains


Case Shiller: Chicago Area Falls To Last Place In Home Price Gains

When US single family home prices hit a sixth consecutive monthly high and the top 20 metro areas register an average 5.7% gain in home prices over the last year while Chicago is still struggling to get back to the housing bubble peak and only registers a 3.3% year over year gain…well….that’s sadder than even last month. According to today’s release of the Case Shiller home price indices for Chicago and 19 other metro areas in May Chicago fell to last place for year over year gains.

That paltry 3.3% year over year gain in the Case Shiller Chicago index is the smallest in 7 months and leaves us in the dust compared to Seattle with a 13.3% gain. Chicago condo prices did a little better

... read more at: http://www.chicagonow.com/getting-real/2017/07/case-shiller-chicago-area-falls-to-last-place-in-home-price-gains/