Articles tagged 'House Price Index'

May 18, 2015

Years Later, Some Chicago Home Prices Are Stuck in 2000

Property has been one of the surest ways to create wealth for centuries, as the economist Thomas Piketty makes clear in his book “Capital in the 21st Century.” More so than hard work, land ownership has allowed people to accumulate enough wealth to pass on to the next generation. In the United States, where...

May 14, 2015

How Far Did They Fall? A Look at Housing Prices From Boom to Bust in Communities Across the Chicago Metro Area

In 1625, a Dutch carpenter named Pieter Fransz built a house in Amsterdam’s new Herengracht neighborhood. “As the Dutch Republic rose to global power in the 1620s,” wrote Prakash Loungani for the International Monetary Fund, “the price of the house doubled in less than a...

May 14, 2015

Cook County House Price Index Highlights Persistent Divide Between Neighborhoods

CHICAGO — As house prices rebound in all communities across Cook County, the divide between areas that are thriving and those that are struggling persists, according to the May 13 release of the Cook County House Price Index from the Institute for Housing Studies at DePaul University. This release of the Index tracts quarterly...

May 12, 2015

Nine Years After the Bubble, Peak Prices Are Far Off for Many Homeowners

Homes in Chicago’s lakeside Lincoln Park neighborhood cost about what they did at the peak of the housing bubble that burst in 2006. But Lincoln Park, renowned for its luxury homes, is the exception in Chicago. According to our Cook County House Price Index, released today, home prices in the average Chicago neighborhood...

House Price Index   May 11, 2015

Cook County House Price Index: Fourth Quarter 2014

This update of the Institute for Housing Studies (IHS) Cook County House Price Index highlights changing prices for single-family homes through the fourth quarter of 2014 in 16 City of Chicago submarkets and 17 submarkets primarily in suburban Cook County.

May 8, 2015

The Good, The Bad, The Local: The Housing Market's Rebound

As the United States limps out of economic disarray, it can often seem like the nation is taking one step forward and two back. This spring’s home-buying season is typical of that lurching sensation. Home prices are slowly climbing—by 4.6 percent since last year, according to Black Knight Financial Services. The latest report from...

House Price Index   September 10, 2014

Cook County House Price Index: Second Quarter 2014

Single family house prices in Cook County experienced their seventh consecutive positive quarter in the second quarter 2014.

House Price Index   June 12, 2014

Cook County House Price Index: First Quarter 2014

Update from IHS's regularly updated Cook County Single Family House Price Index.

Indicators and Data Tools   June 6, 2014

The composition of Cook County's housing market

The map tool allows users to scan and zoom a map of Cook County and examine housing composition in suburban Cook County, Chicago community areas, and even block by block throughout the county.

April 11, 2014

Informing the Housing Market Recovery

Where is the housing market headed? The U.S. housing market could be in a recovery that is showing signs of slowing. Or perhaps it is recovering too quickly and another bubble is forming which is on its way to bursting.The true nature and the direction of the housing market recovery...