Chicago real estate trends not keeping pace with rest of Illinois

  • Illinois overall sales and median price rose in March.
  • Dr. Hewings attributes some growth to increased interest in foreclosure properties in appealing neighborhoods.
  • Home sales and prices grew in Chicago on an annual basis.

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A monthly market report published by Illinois Realtors shows that both home sales and home prices increased year-to-date in March. Overall, home sales rose 1.9 percent while home prices climbed 4.3 percent.