Tag: Chicago home prices

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 »

Best Outlook For National And Chicago Area Home Prices In A Decade

Best Outlook For National And Chicago Area Home Prices In A Decade
This blog post is a bit overdue but I’ve been distracted lately. Last month Zillow and Pulsenomics came out with their 1st Quarter 2021 Home Price Expectations Survey for the nation and the results were a bit more optimistic than we’ve seen in a little more than a decade. Because this is the first quarter... Read more »

Case Shiller: Chicago Area 7 Year Record Home Price Appreciation Disappointing

Case Shiller: Chicago Area 7 Year Record Home Price Appreciation Disappointing
S&P Dow Jones released the February CoreLogic Case Shiller Home Price Indices this morning which show that the nation’s single family home prices rose 12.0% over the previous year, compared to 11.2% for the 12 months ending in January. That was the highest year over year appreciation rate in 15 years. Alas, the Chicago area... Read more »
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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 »