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Chicago was an outlier among major United States markets in terms of home-price growth in March, Cotality said, citing the S&P Cotality Case-Shiller Home Price Index<\/a>.\u00a0<\/p>\n Wheras the pace of national, annualized home-price growth<\/a> in March slowed<\/a> to 0.66% from 0.75% in February, Chicago saw a 6.1% jump in March, up from 5% in February. Month over month, March\u2019s national price increase dipped to 0.7% from an average 0.8% gain from 2015 to 2019, while Chicago saw a 2.2% increase compared to an average of 0.9%.<\/p>\n \u201cBuyers are rejecting current price tags, but sellers refuse to offer steep discounts. The result is in a standoff,\u201d\u00a0Cotality\u00a0Principal Economist Thom Malone said. \u201cMonthly price growth in March was the slowest since 2019. Sales were also low,\u00a0indicating\u00a0that sellers are still waiting for the rest of the economy to catch up with the housing market. Still, the modest appreciation points away from any immediate price drops and signals that buyers might be the ones who end up giving the most ground.\u201d\u00a0\u00a0\u00a0<\/p>\n Ultimately, the\u00a0United States market\u00a0remains\u00a0in a \u201cholding pattern.\u201d\u00a0\u00a0<\/p>\n \u201cPrices reflect homeowners who are clinging to\u00a0the equity,\u201d\u00a0Cotality\u00a0said.\u00a0\u201cBut house hunters cannot stretch their budgets any further. This gridlock means homes are spending longer on the market and overall appreciation is flattening out.\u201d\u00a0\u00a0<\/p>\n Looking ahead, any changes\u00a0will\u00a0depend on whether sellers\u00a0decide to\u00a0start\u00a0trimming asking prices, with any shift in that direction\u00a0slow to materialize.\u00a0<\/p>\n \u201cWe can expect a housing market defined by minimal, single-digit price growth for the\u00a0foreseeable future,\u201d\u00a0Cotality\u00a0concluded.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Chicago was an outlier among major United States markets in terms of home-price growth in March, Cotality said,…\n","protected":false},"author":3,"featured_media":825629,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5124],"tags":[960,59696,59697,13811,42762,5386,1818,339115,17506],"class_list":["post-825628","post","type-post","status-publish","format-standard","has-post-thumbnail","category-chicago","tag-chicago","tag-chicago-real-estate","tag-chicagoland-real-estate","tag-home-prices","tag-home-sales","tag-il","tag-illinois","tag-sp-cotality-case-shiller-home-price-index","tag-sc"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116646863573862704","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/825628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=825628"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/825628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/825629"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=825628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=825628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=825628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/05\/spcotalitymarch26.png\")
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