Thursday, December 27, 2007

Chicago Single Family Home Prices, Statistics and Appreciation for October 2007

Crains ran a report on the Standard & Poor's/Case-Shiller home price index that shows Chicago area single family homes posting a 3.2 percent decline over the same time last October. This is .08 percent less than September's numbers.

Of course this is the "Chicago area" which will include other metropolitan areas... not just your Lakeview or Lincoln Park single family home (which I'd still like to find a decent one for under $800K).

For more information on how the Standard & Poor's/Case-Shiller home price index "works", click HERE

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