Illinois Housing Market Forecast: Will Prices Drop in 2023?
Marco Santarelli
SEPTEMBER 18, 2022
Home sales remain low, while prices continue to grow in the Illinois housing market in 2022. According to statistics from Illinois REALTORS®, median prices increased and homes sold more quickly in July 2022 than in July 2021, as mortgage interest rates declined and inventories decreased year-over-year.
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