Need news in a flash? Here’s what’s happening in your community

May was kind to Chicago’s housing situation, with tightening inventory and homes staying on the market for less time, according a recent market report from Re/Max Northern Illinois.

Black Knight Financial Services released its April 2016 home price index data for Chicago, finding the metro’s home price index value at $233,000 — up 1.1 percent month-over-month and 4 percent year-over-year.

BKFS_HPI_Apr2016_CHI_hi_res

Trulia has added a filter for renters to view listings based on their proximity to bus, rail or subway stations in Chicago. It works by overlaying transit stations onto a search map and surfacing all listings within a 15-minute walk of each.

Got a lead on some news happening in your community? Send information to local@inman.com

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