March home prices in the Chicago area were 11.5 percent higher than a year ago, the best annualized performance for the local housing market since December 1988, according to a widely watched home price index.
The monthly S&P/Case-Shiller home price index, released Tuesday, also showed that Chicago-area home prices rose 0.7 percent from February to March, reversing five consecutive months of declines.
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Case-Shiller Home Price Index: Chicago, IL data by YCharts
Posted by Unknown on Tuesday, May 27, 2014 - Rating: 4.5
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