(February 21, 2014) --The polar vortex and lower inventory levels may have affected January home sales which dipped 7.5 percent compared to last year, but median home prices climbed 9.6 percent over previous-year levels, according to the Illinois Association of REALTORS®. Read the news release. 
Housing Price Forecast
“While sales growth rates sagged in January, median prices continued to rebound in both Chicago and Illinois,” noted Geoffrey J.D. Hewings, Director of the Regional Economics Applications Laboratory of the University of Illinois.
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