Urban Real Estate

All Chicago Housing Valued At $773 Billion

All Chicago Housing Valued At $773 Billion

A new report out says that the total value of all residential real estate in Chicago is $772.6 billion, still below the 2006 peak but gaining strength.

The number is 15 percent below the total of the local market's $906.4 billion high. In some markets, housing prices have reached or exceeded their 2006 number, especially on the coasts. Taken as a whole, the country's market is just 1 percent up from 2006 to $29.65 trillion.

Read more on this issue at Crain's here.