Chicago Real Estate Market Update: Tight Inventory Keeps Sales Flat

September was another slow sales month for the Chicago real estate market with sales down once again from last year – down 1.2%. In fact, September sales were lower than 3 out of the last 4 years so the real estate market has really stalled. You can see all of this in the graph below with all of the September values highlighted by little red squares and a light blue 12 month moving average line that has really plateaued lately.

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