CHICAGO HOME PRICES TRIPLE NATIONAL PACE

U.S. home prices rose 2.1% year-over-year in August, per the S&P Cotality Case-Shiller National Index, while the 20-city composite climbed 2.7%. Chicago topped every metro for a sixth straight month with a 6.7% annual gain, nearly triple the national pace. Builders tracked by $ITB are navigating a market where S&P says prices have now fallen in real, inflation-adjusted terms for 15 consecutive months.