Chicago’s Case-Shiller Index for July rose 2.7% from June. The increase from May to June was 4.6%. This is the 3rd month in a row that the index has risen.
The index is down 0.9% from July 2011. It’s back to its September 2001 level. The Case-Shiller Index for Chicago is based on resales of houses in the Chicago Metro Area. It’s published with a 2 month lag.
Chicago Case-Shiller Indices (blue = houses, red = condos) July 2011 - July 2012
The Chicago Case-Shiller Condominium Index for July rose 2.3% from June. It rose 4.2% from May to June. The condo index is down 4.7% from July 2011. It’s back to its November 2000 level.
For more market statistics see Chicago Real Estate Market.
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ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale. Fran has been quoted in numerous Chicago and national publications. To schedule showings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
