Cook County Property Prices Remain Stunted Despite Limited Growth

October 8, 2012 Grantee News Housing
Chicago Housing

The Cook County Price Index finds that, despite some price stabilization, housing prices remain near historic lows. The Index, released by the MacArthur-supported  Institute for Housing Studies at DePaul University, breaks out quarterly price trends for four types of residential property in Cook County: single family detached homes, condominium units, small multifamily rental buildings, and larger multifamily rental buildings. The Index illustrates the recent boom and bust cycle of the housing market and the effect that the foreclosure crisis has had on house prices in the region.