Home prices in Chicago ticked up about 0.4 percent in February from the month before – the largest growth among the 10 most populous metro areas in the U.S. from last month.
Real Tactics Pro analyzed data from the Zillow Home Value Index, which is a measure of the typical home value and market changes in a region.
Nationwide, home prices grew just 0.13 percent in February as compared to January, continuing the trend of steady growth since about 2023. From 2024, prices rose about 3 percent.
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Following Chicago, Philadelphia recorded the second-highest month-to-month change in home price among these cities, with about 0.29 percent growth. In New York City, prices grew the most year-over-year – more than 6 percent.
Half of the top 10 metros saw their home prices fall month to month. The city with the largest drop was Atlanta, of about 0.22 percent. Next was Los Angeles, with prices down about 0.21 percent month over month.
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