Corcoran Urban Real Estate
 

Illinois Home Sales Post Biggest Price Increase In Two Years

Illinois Home Sales Post Biggest Price Increase In Two Years Another day, another piece of great news for the local housing market.

Illinois home sale prices posted their largest year-over-year increase in nearly two years, according to the Illinois Association of Realtors.

Home prices rose 14.2 percent compared with June 2014, the largest since September of 2013. Selling time across the state has also dropped from 68 days last year to an average of 63 days this year.

In the city, total sales volume climbed 9.3 percent to 3,110.

For more, head over to ChicagoRealEstateDaily.