Huffpost Chicago

Chicago Home Sales Up 41% As Prices Drop

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Buyers continued to enter the local housing market last month in search of deals. They found them, particularly within the city of Chicago.

Sales of single-family homes and condominiums rose 41.5 percent in Chicago in February. The median price for the month was $176,500, a 19.3 percent drop from February 2009, the Illinois Association of Realtors said Monday.

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