Report: Illinois vies with Florida for most city housing markets “turning ugly”

By Ted Dabrowski and John Klingner:

Illinoisans are suffering under one of the worst housing recoveries in the nation. Since 2005, Illinois property values are up just 6 percent, far below the national rate of more than 30 percent, according to data from the U.S. Census Bureau. In contrast, states like Tennessee, Colorado and Texas have seen their values rise 45 to 60 percent.

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