Case-Shiller Chicago Index rises for 3rd straight month!

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 July 2011 - July 2012

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 Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

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