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chi-remax Luxury homes like this are plentiful in many markets, but there is a shortage of homes for under $550K.

CHICAGO—Prices steadily increased last month throughout the metropolitan Chicago housing market, an echo of the numbers recorded in May 2017, RE/MAX reports. But the firm also found that the market has essentially split in two, and the luxury market has a very different story than the one for more affordable homes.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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