The Illinois Association of Realtors reported a large increase in local home sales for the second quarter of 2009 and for the state as a whole. See the full story here: Illinois Home Sales Surge 61.8 Percent in 2nd Quarter from 1st Quarter
The Chicagoland Primary Metropolitan Statistical Area (which consists of Chicago and surrounding suburban areas) reported an increase of 68% in the number of sales for the second quarter of 2009 compared to the first quarter of 2009.
The IAR also reported a seven percent increase in the median price for the Chicago metro area from the first quarter to the second.
Total sales and prices were down from 2008 numbers, but the dramatic quarter over quarter increases for 2009 sales and pricing may be a sign of a recovery.
