Tag: Chicago home prices

Chicago's Highest Appreciating Neighborhoods Will Surprise You

Chicago's Highest Appreciating Neighborhoods Will Surprise You
We know that Chicago metro area home prices have not been advancing much in the last year and a half. As I’ve pointed out in my monthly update on the Chicago Case Shiller home price index, we are seriously lagging the rest of the country, behind 18 of the other 19 metro areas that they... Read more »

Case Shiller: Chicago Area Home Price Appreciation Slows Further

Case Shiller: Chicago Area Home Price Appreciation Slows Further
It’s becoming increasingly difficult to come up with different ways of saying that Chicago area home prices are just not appreciating very fast. This morning’s release of the July Case Shiller home price indices by Dow Jones S&P CoreLogic showed a slowing in the nation’s home price appreciation and the Case Shiller Chicago home price... Read more »

Chicago Area Home Price Trends From 1970 - 2018

Chicago Area Home Price Trends From 1970 - 2018
As I mentioned a while ago, thanks to someone on Cribchatter I recently discovered an old paper written by Karl Case and Robert Shiller (as in Case Shiller home price index) which contained their index of Chicago area home prices going back to early 1970. I was able to splice that time series together with... Read more »
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Real Estate Experts Paint Rosy Picture For Nation's Home Prices

Real Estate Experts Paint Rosy Picture For Nation's Home Prices
Last week the Zillow/ Pulsenomics 3rd Quarter Home Price Expectations Survey of over 100 real estate experts came out with their revised forecast of national home price appreciation to 2022. These people have been raising their outlook for several quarters in a row now, this time projecting 20.0% cumulative appreciation vs. 19.1% last time. 20%... Read more »

Case Shiller: Chicago Home Price Appreciation Still Sucks

Case Shiller: Chicago Home Price Appreciation Still Sucks
Despite a real estate market with really short market times that leaves homebuyers scrambling for opportunities the Chicago area’s home prices continue to struggle to rise in line with the rest of the nation. This major head scratcher is evident from the latest Case Shiller Chicago area home price index for single family homes which... Read more »

Case Shiller: Chicago Area Home Price Gains One Notch Above Bottom

Case Shiller: Chicago Area Home Price Gains One Notch Above Bottom
Dow Jones S&P CoreLogic released the May Case Shiller home price indices for the nation and the 20 largest metro areas a few hours ago. While home prices for the nation as a whole appreciated by 6.4% over the last year and the 20 metro areas appreciated by 6.5%, the Case Shiller Chicago area home... Read more »
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Case Shiller: Chicago Area Home Price Appreciation Still Pathetic

Case Shiller: Chicago Area Home Price Appreciation Still Pathetic
Dow Jones S&P CoreLogic released the April Case Shiller home price index a couple of weeks ago while I was otherwise occupied and it remains a sad story for the Chicago area. Although we did see our 66th consecutive month of year over year gains in single family home prices and the highest gain in... Read more »

Case Shiller: Chicago Area Dead Last In Home Price Appreciation

Case Shiller: Chicago Area Dead Last In Home Price Appreciation
The March Case Shiller home price index just came out from Dow Jones S&P CoreLogic and, while it’s still great news for the nation’s home prices, it’s kind of sad for the Chicago area. Compared to last year the nation’s single family home prices rose 6.5% while the 20 metro area composite rose 6.8% with... Read more »

Real Estate Experts Raise Their Home Price Forecast Yet Again

Real Estate Experts Raise Their Home Price Forecast Yet Again
Every quarter Zillow and Pulsenomics collaborate to survey a little over 100 real estate experts to establish a home price forecast for the nation. A couple of days ago they released their 2nd Quarter Home Price Expectations Survey which shows further improvement in their outlook for the real estate market. They’ve been raising their forecast... Read more »
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The Sad Story Of Chicago Area Home Prices In One Graph

The Sad Story Of Chicago Area Home Prices In One Graph
A couple of days ago I did my monthly post on the Case Shiller home price index and how slowly Chicago area home prices have been rising – especially when compared to the rest of the nation. The Chicago real estate market has been appreciating at the second to the lowest rate among the 20... Read more »