Mixed signals in year-end housing stats

Via Matrix, the monthly report from the Headrick-Wagner Appraisal Group sees inventory levels in Chicagoland trending down, but no “increase in the homes under contract or a reverse in the downward trend in the pending and sales volume.”

Headrick-Wagner’s overall take for 2007: “cautiously optimistic."

The post on Matrix contains links to PDF files with sub-market reports for various Chicago neighborhoods.

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