The Case-Shiller Home Index Report for the Chicago Metro Market, September, 2014 tracks closely with the experience of the North Shore real estate market.
The Chicago metro index fell slightly, indicating a pause in the recovery of market values from our 2007 – 2012 decline. The September market was in alignment with May, 2003 values, which were on an upward trajectory toward its peak of fall, 2006.
The index declined .2%, which is not out of the ordinary for the fall. Prices are still up 2.6% over September 2013, however, so the recovery is still solid.
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