Category: Home Prices

Case Shiller: 3rd Month Of Slower Home Price Growth In Chicago Area

Case Shiller: 3rd Month Of Slower Home Price Growth In Chicago Area
S&P Dow Jones CoreLogic released their last Case Shiller home price indices update for 2021 this morning. Because of their normal reporting lag it’s for October. Both the nation and the Chicago area continue to post healthy but slower home price appreciation from the peak 4 months ago. This is the third month in a... Read more »

Case Shiller: Chicago Area Home Price Growth Slowing Down

Case Shiller: Chicago Area Home Price Growth Slowing Down
It looks like the pandemic driven runup in home prices is finally slowing down across the country as evidenced by this morning’s release of the September Case Shiller home price indices from S&P Dow Jones CoreLogic. The nation’s single family home prices still rose an incredibly strong 19.5% over the last 12 months but that’s... Read more »

Case Shiller: Chicago Area Home Prices Finally Set A New Record

Case Shiller: Chicago Area Home Prices Finally Set A New Record
It only took the Chicago area 15 years to climb out of the carnage from the housing bubble bursting but it finally happened according to data from S&P Dow Jones CoreLogic released this morning. The August Case Shiller home price indices included the first new record high in Chicago area single family home prices since... Read more »
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Real Estate Experts Keep Raising Their Home Price Forecasts

Real Estate Experts Keep Raising Their Home Price Forecasts
When Zillow and Pulsenomics released their 2nd Quarter 2021 Home Price Expectations Survey for the nation their respondents were predicting 26.7% cumulative price appreciation by the end of 2025. That was already a substantial increase from several earlier projections. But when they released their 3rd Quarter survey a couple of weeks ago we saw that... Read more »

Case Shiller: Chicago Area Sets Another Paltry Record For Home Price Growth

Case Shiller: Chicago Area Sets Another Paltry Record For Home Price Growth
S&P Dow Jones CoreLogic released their July Case Shiller home price indices this morning with another national record set for single family home price appreciation over the last 12 months – 19.7%. That is substantially up from the 18.6% reported last month. Meanwhile, the Case Shiller Chicago area also set another record for home price... Read more »

Case Shiller: Chicago Area 32+ Year Record Home Price Growth Still Lags Nation

Case Shiller: Chicago Area 32+ Year Record Home Price Growth Still Lags Nation
It seems that it doesn’t matter how high Chicago area home prices rise it’s never good enough. I used the Case Shiller Chicago area home price index released this morning by S&P Dow Jones CoreLogic to update my home price appreciation graph below. As you can see single family home price appreciation over the last... Read more »
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Case Shiller: Chicago 7+ Year Record Home Price Growth Still Last Place

Case Shiller: Chicago 7+ Year Record Home Price Growth Still Last Place
This morning we got the May CoreLogic Case Shiller home price indices for the top 20 metro areas that they follow. What they show is that the nation’s single family home prices rose 16.6% over the previous 12 month period. That’s an all time record for the country. The Case Shiller Chicago area index rose... Read more »

Case Shiller: Chicago Area 7 Year Record Home Price Growth Doesn't Cut It

Case Shiller: Chicago Area 7 Year Record Home Price Growth Doesn't Cut It
S&P Dow Jones released the April CoreLogic Case-Shiller home price indices this morning showing that Chicago area single family home prices continue to soar. The 9.9% gain from last year is the highest appreciation in exactly 7 years and the 102nd consecutive month of annual gains. Condo prices in the area grew at a much... Read more »

Experts Even More Optimistic About National Home Prices...Chicago Meh

Experts Even More Optimistic About National Home Prices...Chicago Meh
Zillow and Pulsenomics released their 2nd Quarter 2021 Home Price Expectations Survey a couple of weeks ago, only 2 months after the release of their first quarter survey. That first quarter survey was already pretty optimistic but these real estate experts just provided an even more optimistic outlook. If you compare the graph below to... Read more »
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Case Shiller: Chicago Only Metro With Single Digit Home Price Appreciation

Case Shiller: Chicago Only Metro With Single Digit Home Price Appreciation
Let’s say you’ve been planning on leaving the Chicago area for another city. Well, yesterday’s release of the March CoreLogic Case Shiller home price indices by S&P Dow Jones says you’re basically screwed. Actually, it’s been saying that for a while but yesterday’s release really rubs your nose in the fact that the cost of... Read more »