Home sales down across Chicago area
Rising mortgage rates tempered Southland home sales in November, but home prices continued to post substantial increases.
In the Chicago metropolitan area, home sales totaled 5,713 in November, down from 6,355 in October, according to the Illinois Association of Realtors.
Nationally, resales eased 1.7 percent last month, with existing homes selling at a seasonally adjusted annual rate of 6.97 million units, the National Association of Realtors reported.
