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July Housing Report from Illinois REALTORS®
August 28, 2017Posted by on
Illinois REALTORS® has released the statewide July 2017 housing report.
“It continues to be a strong summer for sellers. Homes are selling at a record pace, averaging just 47 days on the market statewide—with the median price up 5.8%. Low housing inventory drove up buyer competition and prices—in July, there was a 12.6% decrease in homes for sale year-over-year statewide.”