Chicago’s real estate market

I was surprised to see historical charts of Chicago’s real estate market in Crain’s.

Especially compared to how Austin, Denver, Seattle, etc. have fared in the last decade.

Chicago-area home prices have returned to their decade-ago peaks, but only in a few neighborhoods and suburbs–and our recovery has been remarkably slow compared to the rest of the nation. Single-family home prices are still at least 15 percent below the old peak in 82 of 163 Chicago-area ZIP codes.

Percent change in home prices:



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