Posts with tag chicago home prices

By Les Christie In a sign that the U.S. housing market is recovering, home prices rose for the second straight month in May, according to an industry report issued Tuesday. Home prices climbed 2.2 percent compared with a month earlier, according to the S&P/Case-Shiller 20-city home price index. Prices are still off... Continue Reading »

In March, home sales bounced in many U.S. cities as the expiring federal tax credit propped up the number of sales. But in Chicago the notion that the nation is on the cusp of a buoyant housing rebound is yet to be seen. Bad signs abound: Many homes are selling for less than what was paid for them; flat-lining prices are... Continue Reading »