Category: Home Prices

Case Shiller: Chicago Area Home Prices Look Less Bad When Rest Of Nation Slows Down

Case Shiller: Chicago Area Home Prices Look Less Bad When Rest Of Nation Slows Down
The Case Shiller Chicago area single family home price index has been trailing the rest of the country for quite some time now but this morning S&P Dow Jones released the CoreLogic Case-Shiller home price indices for May and Chicago looks less bad. Not because home prices are growing any faster here but because the... Read more »

Case Shiller: Chicago Area Home Price Appreciation Remains Slowest In Nation

Case Shiller: Chicago Area Home Price Appreciation Remains Slowest In Nation
Another month has come and gone and once again Chicago area annual home price appreciation is the slowest among the 20 largest metro areas. This is according to the April Case Shiller home price indices released this morning by S&P CoreLogic. The graph below puts it in perspective. Chicago area single family home prices rose... Read more »

Surprise! Real Estate Experts Turn Negative On Home Price Outlook

Surprise! Real Estate Experts Turn Negative On Home Price Outlook
Each quarter Zillow and Pulsenomics conduct a survey of a little over 100 real estate experts to find out what their outlook is for US home prices and other real estate trends. Well, yesterday they published the results of their 2nd quarter 2020 Home Price Expectations Survey and the results were very different from all... Read more »
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Case Shiller: Chicago Home Prices...Good News, Bad News

Case Shiller: Chicago Home Prices...Good News, Bad News
I may as well start with the good news. This morning S&P Dow Jones Indices released the March CoreLogic Case-Shiller Chicago area index of home prices and it shows single family home and condo/ townhome prices rising over the last year by the largest percentages in 8 months. If you look closely at the graph... Read more »

Case Shiller: Chicago Area Home Prices Fall Further Behind Rest Of Nation

Case Shiller: Chicago Area Home Prices Fall Further Behind Rest Of Nation
S&P Dow Jones released the February CoreLogic Case-Shiller home price indices this morning for the Chicago area and 19 other major metro areas. Of course, this reflects the real estate market pre-Covid 19 but the indices showed decent year over year home price appreciation of 4.2% for the nation as a whole. But not so... Read more »

The Outlook For US And Chicago Area Home Prices

The Outlook For US And Chicago Area Home Prices
In mid-March Pulsenomics and Zillow published the results of their 1st Quarter 2020 Home Price Expectations survey of over 100 real estate experts. I’m assuming that the data was gathered prior to the beginning of March when we still only had a handful of coronavirus cases in the US and nobody knew what was about... Read more »
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Case Shiller: Chicago Area Condo Prices Fall For First Time In 7+ Years

Case Shiller: Chicago Area Condo Prices Fall For First Time In 7+ Years
We got the updated S&P Dow Jones CoreLogic Case Shiller Chicago area home price indices this morning along with the indices for 19 other top metro areas and averages. Keep in mind that this data is for the 3 months ending in January so there is no effect from the coronavirus scourge reflected yet in... Read more »

Case Shiller: Chicago And New York Tied For Slowest Home Price Growth

Case Shiller: Chicago And New York Tied For Slowest Home Price Growth
S&P Dow Jones CoreLogic released their December home price data this morning and the Case Shiller Chicago area home price index showed faster appreciation than it did in November. On a year over year basis single family home prices rose by 1.0% vs. 0.3% in November, which was the highest rate in 4 months and... Read more »

What The Sale To List Ratio Tells Us About The Chicago Real Estate Market

What The Sale To List Ratio Tells Us About The Chicago Real Estate Market
Assuming you’re really hungry would you rather have 25% of a 14″ pizza or 38% of a 10″ pizza? A lot of realtors seem to think you’re better off with 38% of a 10″ pizza because 38% is more than 25%, right? That’s the problem with the sale to list ratio that I’ve often bitched... Read more »
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Case Shiller: Chicago Area Falls To Last Place In Home Price Growth

Case Shiller: Chicago Area Falls To Last Place In Home Price Growth
The November home price data released by S&P Dow Jones CoreLogic this morning actually showed a pickup in the nation’s year over year home price appreciation. Yet, the Case Shiller Chicago area home price data somehow managed to get worse. For the nation as a whole single family home prices rose by 3.5% which was... Read more »