Chicago’s Case-Shiller Index for February fell 2.2% from January. The index is down 7.6% from February 2010. The housing index is back to its June 2001 level. The index is based on resales of houses in the Chicago Metro Area. It’s published with a 2 month lag.
Chicago's Case-Shiller Indices February 2010 to February 2011
The Chicago Case-Shiller Condominium Index for February dropped 3.1% from January. The condo index is down 13.8% from February 2010. The drop from a year earlier is the second largest since the index started. The largest drop was in January when the index was down 13.9% from a year earlier. The condo index is back to its July 2000 level.
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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 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
