Corcoran Urban Real Estate

Home Prices Up With Spring

Home Prices Up With Spring

The latest numbers are in from CoreLogic and the housing market continues it's climb this spring.

“Home prices continue to rise across the U.S. with every state posting year-over-year gains during the last 12 months,” said Anand Nallathambi, president and CEO of CoreLogic.

In Chicago, price gains outpaced the state, rising 3.1 percent year-over-year as of February. The state's gain was 2.5 percent.

The primary drivers of the price gains were improving economic conditions coupled with tight inventory, according to CoreLogic's economists.

Read more at Chicago Agent Magazine here.