The Scoop

Mary Umberger, Geoff Dougherty, Sharon Stangenes, John Handley and Wayne Faulkner of the Chicago Tribune used local property data from the Chicago Association of Realtors to show that “property on the South Side and in the south suburbs is hot, with price appreciation in the year ended June 30 exceeding the 10-year average annual price growth in many metro neighborhoods and towns. At the same time, however, one-fourth of 319 Chicago-area communities saw home appreciation drop below their 10-year annual averages.”