Land of Leavin', Chicago area's home price increases growing at half of last year's modest rate

Illinois is the Land of Lincoln anymore. It's the Land of Leavin'.

And it's largest city and its suburbs are leading the retreat:

From Crain's Chicago Business (paid registration may be required):

Growth in Chicago-area home prices has slowed to half its 2018 rate in 2018, according to new data from the leading monitor of U.S. home prices.

Local single-family home values rose 1.5 percent in June compared with a year ago, according to the S&P CoreLogic Case-Shiller Indices released this morning.

For most of 2018, the index showed growth in the 3 percent range for the Chicago area.

And even at 3 percent, Chicago’s home prices were growing at a slower pace than the nation’s, which were in the 6 percent range a year ago.