Monthly Case Shiller Index: Chicago Area 7 Year Record Home Price Growth Doesn’t Cut It – ChicagoNow
S&P Dow Jones released the April CoreLogic Case-Shiller home price indices this morning showing that Chicago area single family home prices continue to soar. The 9.9% gain from last year is the highest appreciation in exactly 7 years and the 102nd consecutive month of annual gains.
Nationally, home prices increased at the fastest rate in the indexes record. The Chicago area is still in last place among the 20 metro areas tracked – the only metro stuck in the single digits.