Just released this morning, the Standard & Poor’s Case-Shiller Housing Index for the Chicago Metro Area for May rose 1.1% from April, the first month to month increase in the index since June 2008 and the largest month to month increase since November 2005! The May index is down 17.5% from May 2008 which is […]
Case-Shiller Housing Index for Chicago Flat From March to April!
Standard & Poor’s Case-Shiller Housing Index for the Chicago Metro Area for April was just released this morning. The April index of 122.30 remained essentially unchanged from the March index of 122.34. This is the smallest month to month drop in the index since it peaked in September 2006 at 168.60 and remained essentially unchanged […]
Chicago Home Prices Fall Far Less Than National Index
This week ChicagoRealEstateDaily.com reported that Chicago home prices fell less than the Standard & Poor’s/Case-Shiller U.S. National Home Price Index. The 10-city index for September 2008 plunged 18.6% from September 2007. Chicago area prices were down 10.1% for the same period.
Housing Prices Fall Less in Chicago Than Other Top 10 Housing Markets
According to Standard and Poor’s Case-Shiller Home Price Index, home prices have fallen the least in the Chicago metro area compared to the other top 10 housing markets. Year-over-year prices have fallen 0.7% for Chicago compared to a top 10 city average of 4.1%. San Diego has the highest decline of 7.4%. For the full […]
