Real Estate

Chicago’s real estate shows ups and downs

Chicago’s housing market continues to see more homes sold, while prices for houses decreased in February, the Chicago Tribune reported.

The 14.8% annual increase in sales, according to the Illinois Association of Realtors, makes it the eighth month in a row that Illinois has shown a yearly improvement. February prices were the highest they’ve been since the housing crisis of 2008.

The increase in sales volume however, is juxtaposed by the 11.5% drop in median sales prices from the previous year.

 

 

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