The report out from the Case-Shiller Home Price Index shows that while Chicago is sluggish compared to other cities, home prices continue to rise.
The price growth in the report was 2.2 percent on the year but the monthly increase was stronger, the 1.3 percent monthly increase was just behind the nation's leader, Boston, at 1.5 percent.
While the growing market is a good sign for all the sectors that depend on the health of housing, it puts further strain on first-time buyers.
Read more at Chicago Agent Magazine here.