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Tuesday, July 31, 2012

Chicago-area home prices jump in May

Chicago-area home prices jump in May

"(Crain's) — A closely watched index of local home prices jumped in May, the highest increase among 20 metro areas the report tracks.

The Standard & Poor's Case-Shiller index of Chicago-area single-family home prices rose 4.5 percent from April to May, according to a report released this morning. Prices here were up 1.2 percent from March to April, the indices showed...."

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