Condo Prices In Chicago See Another Big Gain in June
Condo Prices In Chicago See Another Big Gain in June
Condo Prices In Chicago See Another Big Gain in June
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September 18, 2012 (Jeff Alan)

Condominium prices improved for a third consecutive month during June in all five metropolitan areas covered by the S&P/Case-Shiller Home Price Indices with the Chicago area posting the largest increase of the five metro areas for the second consecutive month.

Condo prices in Chicago, which had fallen a cumulative 16.8 percent from September through March, increased 4.2 percent in June and follows a 4.7 percent increase in May. June’s increase still leaves prices for condos in the Chicago area 5.1 percent below what they were a year ago and back at the same level they were at in the mid- 2000’s.

Condo prices in San Francisco increased for the fourth consecutive month, rising 2.3 percent from May to June pushing prices 4.8 percent higher than a year ago. Despite the price increases over the last four months, prices in the Bay area have still fallen in 17 of the last 24 months.

Los Angeles also recorded its fourth consecutive month of price increases, rising 1.5 percent in June and follows a 1.2 percent increase in May. Before March’s price increase, condo prices in the Los Angeles area had fallen the previous 19 consecutive months. Prices are still 1.7 percent below a year ago.

In both Los Angeles and San Francisco, condo prices have dropped back to late-2003 levels.

Along the East Cost, Boston and New York each posted increases of 2.4 and 2.5 percent during June, respectively.

Year-over-year, condo prices in New York are up 3.6 percent from June of 2011, while Boston recorded its fourth consecutive month of year-over-year gains, climbing 1.9 percent above last year. Condo prices in New York have dropped back to early-2005 levels and in Boston prices have fallen back to mid-2004 levels.

Tags: condo prices, S&P, Case-Shiller Index, Los Angeles, San Francisco, Boston, Chicago, New York, market prices

Source:
Standard and Poor

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September 18, 2012 (Jeff Alan)

Condominium prices improved for a third consecutive month during June in all five metropolitan areas covered by the S&P/Case-Shiller Home Price Indices with the Chicago area posting the largest increase of the five metro areas for the second consecutive month.

Condo prices in Chicago, which had fallen a cumulative 16.8 percent from September through March, increased 4.2 percent in June and follows a 4.7 percent increase in May. June’s increase still leaves prices for condos in the Chicago area 5.1 percent below what they were a year ago and back at the same level they were at in the mid- 2000’s.

Condo prices in San Francisco increased for the fourth consecutive month, rising 2.3 percent from May to June pushing prices 4.8 percent higher than a year ago. Despite the price increases over the last four months, prices in the Bay area have still fallen in 17 of the last 24 months.

Los Angeles also recorded its fourth consecutive month of price increases, rising 1.5 percent in June and follows a 1.2 percent increase in May. Before March’s price increase, condo prices in the Los Angeles area had fallen the previous 19 consecutive months. Prices are still 1.7 percent below a year ago.

In both Los Angeles and San Francisco, condo prices have dropped back to late-2003 levels.

Along the East Cost, Boston and New York each posted increases of 2.4 and 2.5 percent during June, respectively.

Year-over-year, condo prices in New York are up 3.6 percent from June of 2011, while Boston recorded its fourth consecutive month of year-over-year gains, climbing 1.9 percent above last year. Condo prices in New York have dropped back to early-2005 levels and in Boston prices have fallen back to mid-2004 levels.

Tags: condo prices, S&P, Case-Shiller Index, Los Angeles, San Francisco, Boston, Chicago, New York, market prices

Source:
Standard and Poor

FILL OUT THE FORM
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Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
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September 18, 2012 (Jeff Alan)

Condominium prices improved for a third consecutive month during June in all five metropolitan areas covered by the S&P/Case-Shiller Home Price Indices with the Chicago area posting the largest increase of the five metro areas for the second consecutive month.

Condo prices in Chicago, which had fallen a cumulative 16.8 percent from September through March, increased 4.2 percent in June and follows a 4.7 percent increase in May. June’s increase still leaves prices for condos in the Chicago area 5.1 percent below what they were a year ago and back at the same level they were at in the mid- 2000’s.

Condo prices in San Francisco increased for the fourth consecutive month, rising 2.3 percent from May to June pushing prices 4.8 percent higher than a year ago. Despite the price increases over the last four months, prices in the Bay area have still fallen in 17 of the last 24 months.

Los Angeles also recorded its fourth consecutive month of price increases, rising 1.5 percent in June and follows a 1.2 percent increase in May. Before March’s price increase, condo prices in the Los Angeles area had fallen the previous 19 consecutive months. Prices are still 1.7 percent below a year ago.

In both Los Angeles and San Francisco, condo prices have dropped back to late-2003 levels.

Along the East Cost, Boston and New York each posted increases of 2.4 and 2.5 percent during June, respectively.

Year-over-year, condo prices in New York are up 3.6 percent from June of 2011, while Boston recorded its fourth consecutive month of year-over-year gains, climbing 1.9 percent above last year. Condo prices in New York have dropped back to early-2005 levels and in Boston prices have fallen back to mid-2004 levels.

Tags: condo prices, S&P, Case-Shiller Index, Los Angeles, San Francisco, Boston, Chicago, New York, market prices

Source:
Standard and Poor

HOW LOANRATENETWORK
LOAN CENTER WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateNetwork and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
LOANRATENETWORK
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.