Home Prices

Construction, generic sized image

Construction Worker Shortage Increasing Cost For New Homes In Chicago Area

New home construction is finally picking up in Chicago, but so are the prices.


Home for sale, file. (Scott Olson/Getty Images)

Median Home Prices In Chicago Rising

The median home price jumped 12.9 percent from $155,000 in March of last year to $175,000 this March.


(File Photo by Tim Boyle/Getty Images)

Chicago Area Home Sales, Prices Up In May

It’s what thousands of families across the Chicago area have been waiting to hear: home prices and home sales are both up. Those are two encouraging signs that the housing market is rebounding in Chicago.

CBS Chicago–07/31/2012

Home for sale, file. (Scott Olson/Getty Images)

Illinois Bucking Downward Nationwide Trend In Home Sales

Illinois is bucking the trend, posting positive home sale numbers in the face of dismal national numbers.

WBBM Newsradio–07/20/2012

Romeoville residents Robert and Marcella Jones say too many homes in their neighborhood are for sale or in foreclosure and many owners are just walking away from their mortgages. (Credit: CBS)

Chicago Home Sales, Prices Up In March

The Chicago and Illinois housing markets got a vital shot in the arm on Thursday, as March figures revealed existing home sales shot up significantly. Median prices also went up in Chicago, ending a long streak of declines.

WBBM Newsradio–04/19/2012

Home for sale, file. (Scott Olson/Getty Images)

Home Prices Rise 1.9 Percent In July

Home prices in the Chicago area rose 1.9 percent in July from June—the third straight monthly increase.

CBS Chicago–09/27/2011

Home for sale, file. (Scott Olson/Getty Images)

Chicago Area Housing Prices Rise In May

New numbers released on Tuesday provided a glimmer of hope for the struggling housing market, as home prices in some cities – including Chicago – went up in May.

CBS 2–07/26/2011