Market Conditions: March Home Sales Fall 6.5% YOY But Median Price Keeps Rising
As expected, March sales fell 6.5% year over year as weather, tight inventory, higher prices and higher mortgage rates bit buyers. From the Illinois Association of Realtors: “The city of Chicago saw a 6.5 percent year-over-year home sales decline in March 2014 with 1,819 sales, down from 1,945 in March 2013. The median price rose […]