Chicago home prices jumped 3.2 percent in June from May — tying with Minneapolis for the largest gain among 20 major metropolitan areas nationwide — but are still 7.4 percent lower than a year ago, a study released Tuesday revealed.
Among the hopeful signs was an increase in condo values of 4.3 percent from May, marking the third straight month of increasing condo prices. But they are still 13.4 percent below their year-ago levels, according to the Standard & Poor’s/Case-Shiller home-price index.
Single-family home prices jumped 6.5 percent in June from May for houses that sold for less than $162,138, and showed a more modest 2.9 percent gain for houses that sold for more than $275,128, the report showed.
At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.
If you have a gay real estate story that you’d like to share with us, contact us at email@example.com