Tuesday, May 26, 2009

Chicago home prices show record yearly drop in March

AP:
Chicago home prices posted a record drop in March compared with the same month in 2008, according to Standard & Poor’s.

But local prices fell less from February to March they did from January to February, a closely watched housing index showed Tuesday.
...
Chicago-area prices fell 18.6 % in March compared with March 2008, a record year-to-year decrease, according to S&P.

But local prices fell just 3.1 % in March compared with February after falling 3.4% in February compared with January.
...
The Illinois Assn. of Realtors is scheduled Tuesday to release April home sales and median price data for the Chicago area.

No comments:

Post a Comment

PLEASE READ FIRST!!!! Comment Moderating and Anonymous Comment Policy

While anonymous comments are not prohibited we do encourage you to help readers identify you so that other commenters may respond to you. Either read the moderating policy for how or leave an identifier (which could be a nickname for example) at the end of the comment.

Also note that this blog is NOT associated with any public or political officials including Alderman Roderick T. Sawyer!