Positive News On Real Estate » Chicago-area home sales http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Chicago-area home sales rose in August http://www.positiveonrealestate.com/pr/482 http://www.positiveonrealestate.com/pr/482#comments Fri, 25 Sep 2009 04:51:34 +0000 admin http://www.positiveonrealestate.com/?p=482 Chicago-area home sales rose in August compared with August 2008, the second consecutive month of year-over-year increases, according to the Illinois Assn. of Realtors.

Below is a monthly year-over-year comparison of home sales (single-family and condo) in the nine-county Chicago area.
Month 2009 2008 Change
January 2,965 3,927 -24.5%
February 3,082 4,326 -28.8%
March 4,260 5,759 -26.0%
April 4,747 6,094 -22.1%
May 5,634 6,927 -18.7%
June 7,140 7,806 -8.5%
July 7,427 7,408 0.3%
August 7,009 6,917 1.3%

“August proved a strong month for sales, particularly in the single-family market, as we move through inventories mostly for entry-level, lower-priced homes spurred by attractive interest rates, some improvement in consumer confidence and the first-time homebuyer tax credit,” Mike Onorato, president of the association, said in the release. “Foreclosures and short sales continue downward pressure on prices.”

http://www.chicagorealestatedaily.com/cgi-bin/news.pl?id=35579

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