Single-family Home Prices Rise in Chicago

CoreLogic Case-Shiller informs MHProNews single-family homes prices rose in every Chicago-area zip code last year for the first time since 2006, led by the Mount Greenwood neighborhood–60655–on the South Side at 16.5 percent, followed by Morgan Park–60643– with 15.9 percent. At the other end of the spectrum Joliet–60432– notched the lowest increase at 2.5 percent, just below Ellburn–60119–at 2.8 percent, according to Case-Shiller index is based on repeat sales of the same property. Sixty- four of the 299 zip codes are not included because adequate sales data is not available. ##

(Photo credit:–Chicago)

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