Home sales slump hits 9th month, longest in almost 8 years – Crain’s

The local sales slump is the longest in more than seven years. June 2011 was the last in a string of 13 months when city home sales were down, according to Illinois Realtors data. It was also the last of 12 months of declines for the metro area.

The Chicago area’s sales decline in April was slightly larger than the nation’s. Across the country, sales were down 4.4 percent in April from a year earlier, the National Association of Realtors reported separately today.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

We must focus on cutting the cost drivers of Illinois property taxes if we’re ever going to deliver relief to taxpayers – Wirepoints testifies to the IL House Revenue and Finance Committee 4.10.24

Wirepoints President Ted Dabrowski testified on April 10, 2024 to members of the House Revenue and Finance Committee at the invitation of Rep. Joe Sosnowski. Ted told lawmakers that the state’s property tax burden has become dire for countless Illinoisans.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE