10/12/2022
βThe housing market in Illinois is showing signs of a return to normal conditions,β said Dr. Daniel McMillen, head of the Stuart Handler Department of Real Estate (SHDRE) at the University of Illinois at Chicago College of Business Administration. βPrices have declined since their peak in June, sales are declining, and foreclosures are increasing. Our prediction is that house prices will continue to decline modestly over the next few months, while the number of sales will show its usual late-year slowdown.β π Get the full forecast > www.IllinoisRealtors.org/marketstats