As someone who’s spent more than two decades navigating Chicago’s residential market, seeing the city lead the S&P Case-Shiller July 2026 report with a 6.9% jump in home prices is both exciting and telling. While the national index rose 1.9% year over year—and the 10-City and 20-City Composites posted 3.4% and 2.5% gains—Chicago truly stands out. However, with inflation at 3.4%, the real value of homes has dipped, a reminder of how important it is to read beyond the headlines. My experience in both traditional and REO properties has shown me that understanding the story behind the numbers is key, especially in a dynamic market like ours.
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