Chicago-area single-family home values rose 4.6% in May compared with May 2022, according to new data from the S&P CoreLogic Case-Shiller Indices released this morning. That’s the highest growth for any of the 20 cities that the index tracks. At this time last year, Chicago was 18th on the list, near the end of a 61-month stretch when home values here consistently ranked at 20th or only a few places higher in terms of year-over-year growth.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.