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CoreLogic: Chicagoland Home Prices Rise 12.5% in 2013

by Peter Thomas Ricci

Chicagoland’s housing market showed some definite positivity in 2013, according to CoreLogic.

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Home prices in the Chicagoland marketplace rose 12.5 percent in 2013, according to the latest CoreLogic Home Price Index. That was the fifth strongest yearly increase of all the metro areas tracked by CoreLogic.

For the entire state of Illinois, prices were up 9.2 percent for the year, though they were down 2.7 percent from October to December; even with that 2013 increase, prices in the Land of Lincoln are still 25.2 percent below their Nov. 2006 peak.

Interested in how Chicagoland compares with the rest of the nation? See our sweet infographic below for some additional perspective:

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