Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO—The Chicago metropolitan area just recorded the greatest year-over-year gain in its home prices since November 2005, according to the latest S&P/Case-Shiller US National Home Price Index, just published by the S&P Dow Jones Indices. Since last year, the data show that Chicago-area prices increased by 9.7%. This was, however, still below S&P’s 20-city composite of 13.3%, another indication that Chicago, whatever improvement it has experienced, lags behind much of the nation.

“The second and third quarters of 2013 were very good for home prices,” says David M. Blitzer, chairman of the Index Committee at S&P Dow Jones Indices. “The National Index,” which is separate from the 20-city composite, “is up 11.2% year-over-year, the strongest figure since the boom peaked in 2006.”

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

Once you are an ALM digital member, you’ll receive:

  • 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

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.