Snapshot: Illinois Home Sales
April home sales up 25.3 percent from a year ago; Statewide median price at $145,900
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(May 22, 2013) -- Illinois home sales increased 25.3 percent over previous-year levels in April and median prices increased 7.7 percent. Read the news release. [1]
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Statewide |
Housing Price Forecast“The housing market is exhibiting signs of a more stable recovery with an anticipated strong early summer led by strong sales gains and more modest but still positive gains in median prices,” noted Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory of the University of Illinois. “Average time on the market, the growth in the pending sales index and an increase in the share of total sales captured by more expensive properties point to a return to greater stability in the market.” |
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Chicago PMSA |
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City of Chicago |
Contact: Jon Broadbooks, Director of Communications
217-529-2600 phone | jbroadbooks@iar.org [8]
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Looking for trends and data on Illinois homebuyers?
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WhyIBuy is a project of the Illinois Association of REALTORS® that aims to better understand the opinions and motivations of homebuyers across the state. Learn more. [9]
Follow IAR for housing updates
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About the reports
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Housing Forecasts
University of Illinois Regional Economics Applications Laboratory reports [15]
Release Schedule [16]
- Next release: June 20
- Data archives
(2005-2012) [17] - Members Only Market Stats [2]
Links: