Chicago area home prices up 14 percent in October

Chicago-area home prices up 3.8% year-over-year Joe Zekas 1/8/15 According to the recently-released CoreLogic Home Price Index (HPI) report, home prices nationwide, including distressed sales, increased 5.5 percent in November 2014 compared to November 2013.

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Chicago condo home prices did a little better with a 4.2% year over year gain. Both single family home and condo prices in the Chicago area showed the strongest year over year gains in 4 months.

According to recent data analysis from the Illinois Association of REALTORS, the nine country Chicago Primary Metropolitan Statistical Area saw sales of condos and single-family houses up 9.6 percent in October on a year-over-year basis.

Washington U.S. home prices rose at the fastest pace in more than three years in September, lifted by a record-low supply of houses for sale.The Standard & Poor’s CoreLogic Case-Shiller national home price index released Tuesday rose 6.2 percent in September from a year earlier, the largest gain since June 2014.

‘Rental crisis:’ Rents skyrocket 11.6 percent in metro area; home prices up 14.2 percent Posted 5:29 am, May 21, 2015, by Web Staff and Jon Bowman , Updated at 06:12PM, May 21, 2015 Facebook

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Median home sales prices keep rising in Chicago area. chicago area median home sale prices ticked up in May, reaching the highest level since June 2008, just before the full force of the recession hit. The new figure for median prices stood at $256,000, a 2.8 percent increase from April, according to a RE/MAX housing report cited by Chicago Agent.

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Still, both the median price of an Aspen single-family home. are down 15 percent and 7 percent, respectively, through 2011. Snowmass Village saw the county’s second largest october action with 12.

Chicago home prices were up 12 percent in March from a year ago, with the typical property selling for $252,000. sales dipped 0.4 percent as buyers confronted a shortage of houses for sale. The inventory of homes on the market fell 8.4 percent, the seventh consecutive month of declines and the steepest drop in two years.

Homebuilder spring selling season off to solid start corrected in the first quarter and is now on solid footing as we begin the 2019 spring selling season,” Lennar Executive Chairman Stuart Miller said on conference call with analysts. The homebuilder.