Home prices in the Chicago metropolitan area increased at a slower pace, in part, because of the state’s continued population losses.
Other U.S. cities had slight slowdowns in the growth of home values, but Chicago, like all of Illinois, has been dealing with a problem that some cities aren’t. People are leaving.
Home prices across the nation grew by 3.4 percent in May. While they’re still becoming more valuable, May marked the 14th consecutive month of slowing growth. That’s according to CoreLogic’s analysis of S&P data on May home values.
