Chicago is My Home

25
Jan

Chicago Home Sales See Growth, Illinois Home Sales See Decline

Author: Adam Fendelman, Category: Business, Real Estate

While single-family home sales nationwide have seen the steepest decline in 40 years, Chicago median home prices have not been affected by national trends. In Illinois, home prices fell 0.05 percent while Chicago real estate sales grew about 2.4 percent for the year.

Though there was growth in sales, there was a decline in the number of sales. Sales fell 20.5 percent on the year and 33.2 percent for December.

By Stephanie Huls