Chicago Home Prices Rise 1.1 Percent in April 2012 Case-Shiller Index

Home prices in Chicago improved in the latest Case-Shiller Home Price Index, increasing 1.1 percent from March to April�according to Standard & Poor’s�(S&P).
That increase came after a 2.5 percent price decline from February to March, which had brought Chicago’s home prices to a new post-bubble low ? and which suggests, with April’s gain, that prices have bottomed in the Windy City.
Nationally, some of S&P’s most important findings were:

Prices increased for both the 10- and 20-City Composites by 1.3 percent.
Like Chicago, those gains came after several months of falling prices (nationally, ...

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