Tag: Chicago home prices

Almost A 7 Year Record, Chicago Area's Home Price Gains No Match For Rest Of Country

That shortage of homes for sale is really beginning to impact home prices – as you would expect. The graph below shows the historic year over year increases for both single family home and condo prices in the Chicago area and you can see how they’ve really taken off recently. S&P Dow Jones released their... Read more »

Case Shiller: Chicago Area Home Prices Continue Surge While Lagging Nation

Case Shiller: Chicago Area Home Prices Continue Surge While Lagging Nation
S&P Dow Jones released their December CoreLogic Case Shiller home price indices this morning. The year over year price increase for the nation’s single family homes moved into double digit territory with a 10.4% gain, which is the largest increase in 7 years. That was up from a 9.5% increase for November so price appreciation... Read more »

Case Shiller: Chicago Losing The Home Price Race To Other Metro Areas

Case Shiller: Chicago Losing The Home Price Race To Other Metro Areas
Remember on Tuesday when I posted on the November Case Shiller home price indices? At that time I mentioned that the Chicago area was one of the few metro areas that had not recovered back to the peak price levels of the housing bubble. So exactly how bad do we look? I got the graph... Read more »
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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 »