Articles tagged 'House Price Index'

The aftermath of the housing crisis has seen major institutional investors scooping up thousands of foreclosed or distressed homes in the Chicago region and throughout the country. Since 2012, HUD, Fannie Mae, and Freddie Mac have sold more than 130,000 troubled mortgages, the vast majority to private equity firms and hedge...

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...

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...

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...

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...

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.

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...

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

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

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.