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Case-Shiller Index Update: Chicago Home Price Index on the Rise

Chicago residential home prices overall have been on the rise in 2016.

So said the S&P CoreLogic Case-Shiller Index report as of the third quarter 2016: the Index reported a 6.33% positive return for year-to-date as of September 2016 for Chicago.

See report here.

While the returns for the short-term were positive, Case-Shiller’s data does show that Chicago has rebounded more slowly over the longer-term when compared with other metropolitan areas in the US. For the five years ended September 2016, the

Case-Shiller 20-City Composite Home Price NSA Index gained 6.20%. Chicago by contrast, gained 3.08%

For more information on why you should consider investing in a professionally managed portfolio of single-family homes, please contact Harold Willig at 917-209-4452 or harold.willig@springviewinvestments.com

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience. Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.

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