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Tuesday, January 29, 2013

Chicago-area home prices fall for third straight month

Home SalesA closely watched index of Chicago-area home prices fell again in November, its third straight drop and the biggest decline among a 20-city index.

The S&P/Case-Shiller index of Chicago-area single-family home prices fell 1.3 percent from October to November after dropping 1.6 percent from September to October and 0.6 percent from August to September, according to a report released this morning.

For the second straight month, Chicago posted the biggest decline in a 20-city index where prices fell. Prices rose in 10 cities and fell in 10 in November, according to the report. ...More HERE

Tuesday, January 29, 2013 at 02:45 PM |

Tags: home sales, Illinois Review

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