Fast-paced home sales can be both a curse and a blessing for repeat buyers
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Price growth has slowed after four years of double-digit inflation, which has sellers rushing into the market. The supply of homes for sale jumped 77 percent.
Chicago home values increased slightly in October from a year earlier, with the typical home selling for $239,000. Sales were essentially flat, exhibiting a 0.4 percent increase. Like much of the country, Chicago is seeing a seasonal slowdown in sales and prices, as compared to previous months.