Chicago sales volume up 31% year-over-year in October

According to just-released RealtyTrac data, Chicago’s October residential sales counts were at an annualized pace of 182,767, 31% higher than in October of 2012. The Chicago metro area had the highest annualized sales rate in the nation in October, edging out Miami (171,508) and substantially ahead of Los Angeles (148,945) and New York (148,090).

Nearly half of all Chicago area sales (46.7%) were all-cash in October. See the full report for more details.

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