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.
- 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.