National single family home prices rose 18.8% year over year, which was down from 19.0% in October. The Chicago area on the other hand rose to an 11.6% annual appreciation rate, up from 11.3% in October. Those two moves were enough to catapult the Chicago area into 3rd from last price, which is a higher ranking than it’s been in for quite some time.
Up to third-place ranking for that month, but still literally at bottom of national ranking. That’s the real news on Chicago market’s residential real estate appreciation. Thank you, Ms. Preckwinkle and Ms. Foxx and Mr. Evans.
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.
Up to third-place ranking for that month, but still literally at bottom of national ranking. That’s the real news on Chicago market’s residential real estate appreciation. Thank you, Ms. Preckwinkle and Ms. Foxx and Mr. Evans.
Massive bubble…will pop soon…look out below!