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chi-remax Revere (2) The average time it took a seller in the Chicago region to find a buyer fell to 77 days from 87 days in May of last year.

CHICAGO, IL—Economists have recently seen a few worrisome signs in the state’s economy, but so far, those factors do not seem to have affected the housing market. Home sales in the metropolitan Chicago area proceeded at a fast pace in May despite a continuing decline in inventory levels, according to a report from RE/MAX. Sales transactions rose 6.2% year-over-year to 12,337 units, and the median sales price climbed 6%.

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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