Category: Home Prices

Case Shiller: Chicago Home Prices Rise At Fastest Rate In 6 1/2 Years

Case Shiller: Chicago Home Prices Rise At Fastest Rate In 6 1/2 Years
The November CoreLogic Case Shiller home price indices, released by S&P Dow Jones this morning, were pretty impressive. As everyone has been noting home prices are really skyrocketing across the nation. The Chicago area has also seen some pretty solid growth in home prices but is still lagging the rest of the country. For the... Read more »

Pulsenomics & Zillow: Expert Home Price Forecast Gets Even Better

Pulsenomics & Zillow: Expert Home Price Forecast Gets Even Better
As the Case Shiller index proved last week home prices across the nation, along with the Chicago metro area, have been taking off recently, with appreciation rates hitting multi-year highs. So, when Zillow and Pulsenomics recently did their 4th quarter survey of real estate experts it was no surprise that their national home price forecast... Read more »

Case Shiller: Chicago Area Home Prices Take Off But Still Lag The Nation

Case Shiller: Chicago Area Home Prices Take Off But Still Lag The Nation
The S&P Dow Jones people released the October CoreLogic Case Shiller home price indices this morning which continue to demonstrate incredible strength in home prices across the nation. Over the past year the nation’s home prices rose by a whopping 8.4%, which is up from an annual appreciation rate of 7.0% for September. The Case... Read more »
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Chicago Neighborhoods With The Highest Home Price Gains In 2020

Chicago Neighborhoods With The Highest Home Price Gains In 2020
On Tuesday I posted the monthly update of the Case Shiller home price index from S&P Dow Jones CoreLogic which showed a dramatic rise in Chicago area home prices during the last year. Unfortunately, that index only tells us how home prices are doing across the entire metro area when, in reality, home prices could... Read more »

Case Shiller: Chicago Area Home Prices Highest Gains In 3 1/2 Years

Case Shiller: Chicago Area Home Prices Highest Gains In 3 1/2 Years
Well, finally, what everyone has been talking about has been confirmed in the data so now it’s real. According to this morning’s release of the September Case Shiller home price indices for single family homes prices across the nation soared by 7% in the last year. That’s the strongest gain in more than 6 years.... Read more »

Case Shiller: Chicago Area Home Prices Rise Faster But Still Slowest In Nation

Case Shiller: Chicago Area Home Prices Rise Faster But Still Slowest In Nation
S&P Dow Jones released their August CoreLogic Case Shiller home price indices this morning and it shows the same pattern in home price appreciation that we’ve been observing for a while. First, the nation’s home price appreciation is picking up speed – probably due to tighter inventory coming out of the initial pandemic lockdown. For... Read more »
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UBS: Chicago Homes Most Affordable Among 25 Major Global Cities

UBS: Chicago Homes Most Affordable Among 25 Major Global Cities
Each year the Chief Investment Office of UBS analyzes the housing markets in the top global cities to determine their degree of over or under valuation in order to identify real estate markets at the highest risk of being in a bubble. Chicago has consistently ranked at the bottom of the list – i.e. it... Read more »

Real Estate Experts Crank Up Their Home Price Forecasts Again

Real Estate Experts Crank Up Their Home Price Forecasts Again
In light of the Case Shiller home price index update on Tuesday it’s a great time to review the Zillow and Pulsenomics 3rd quarter survey of 104 economists and real estate experts which came out last week and provides a home price forecast out through 2024. If you will recall their 2nd quarter survey, which... Read more »

Case Shiller: Chicago Area Home Prices Growing Teeny Tiny Bit Faster

Case Shiller: Chicago Area Home Prices Growing Teeny Tiny Bit Faster
S&P Dow Jones’ CoreLogic Case Shiller home price indices for July came out a few hours ago and it shows the nation’s single family home prices rising a bit faster than June with a 4.8% gain vs. 4.3%. As for the Chicago area…at least home prices aren’t going down. The Case Shiller Chicago area index... Read more »
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Case Shiller: Chicago Area Home Prices Falling Further And Further Behind

Case Shiller: Chicago Area Home Prices Falling Further And Further Behind
Yesterday S&P Dow Jones released the CoreLogic Case Shiller home price indices for June and it’s just more of the same stuff I’ve been whining about for months, if not years. The Case Shiller Chicago area home price index highlights a real estate market whose home prices are seriously lagging the rest of the country.... Read more »