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Tuesday, November 26, 2013

Chicago Home Price Index Best Year-Over-Year Gain Since 2005, But Lags 20-City Composite for S&P/Case-Schiller Home Price Index

September home prices in the Chicago area posted their best year-over-year gain (9.7%) since November 2005, but continue to recover at a slower pace than other parts of the country, according to the S&P/Case-Shiller home price index [...]

S&P/Case-Schiller Chicago Home Price Index SPCSCHI still significantly below 2005 level in November [...]

Single-family homes in the 20 major metro areas tracked by the indices collectively rose 13.3% (not seasonally adjusted) year-over-year, but Chicago has not reached double-digit growth [...]

S&P/Case-Shiller 20-City Compos 165.66 [...]
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