Just released this morning, the Chicago Metro Area Standard & Poor’s Case-Shiller Housing Index for August rose for the 4th straight month! Seasonally adjusted, the August index rose 1.2% from the July index. The index is down 5.8% for 2009 and 12.7% from a year earlier.
With the surge of first time home buyers locking in purchases before the first time home buyer tax credit expires December 1st, expect the Chicago Case-Shiller Index to continue rising through November.
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