Nationally, the pace of housing-price gains fell by the largest amount in history in August, topping the previous record for deceleration set in July, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. But the the Chicago area, which avoided the boom in other cities, home prices posted an 11.3% year-over-year gain in August, compared to a 12.7% gain in July. Month over month Chicago prices, however, fell 0.5%.
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.