CHICAGO-Despite the expiry of the tax credit, home sales in theChicago area shot up by 34.7% in Q2 2010 compared to that of Q22009, as a result of a steep decline in mortgage rates even asmedian prices decreased to $196,000, a 2.5% dip from last year.


Exisiting condo and home sales went up by 32.8% during Q2 2010compared to that of Q2 2009, while home sales statewide soared by27% in Q2 2010. For the full story, go to Chicago Sun Times.

GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.