Cook County House Prices Up More than 15 Percent, Pace of Recovery Varies by Neighborhood

CHICAGO—(ENEWSPF)—March 13, 2014. Home prices in the fourth quarter of 2013 in Cook County were up 15.1 percent year over year, their largest increase in 16 years, according to the March 12 release of the Cook County House Price Index from the Institute for Housing Studies at DePaul University.

The report finds price recovery in 2013 varied throughout Cook County submarkets, with the largest year-over-year price increases found in submarkets such as Jefferson Park/Edison Park,…