Institute for Housing Studies Releases House Price Index

The Fourth Quarter 2013 IHS Cook County House Price Index shows a continued recovery for single family house prices in Cook County. Overall, though, the price recovery varies across the County.

While overall single family home prices experienced their largest year-over-year increase in the past 16 years, prices in a small group of submarkets are still very weak, with some areas yet to reach a price bottom. A group of submarkets on the South Side of Chicago and in south suburban Cook County experienced flat or declining year-over-year price trends. To read more, visit housingstudies.org.