In a sign of a stabilizing housing market, average home prices rose 2.2 percent in May compared to April and the Chicago metro area saw the biggest gains, jumping 4.5 percent, according to the latest S&P/Case-Shiller Home Price Indices.
Here is some of the media coverage of the home price report:
Chicago makes biggest gain in key home price index (Chicago Tribune)
Case-Shiller shows strong price gains in May (Wall Street Journal)
Home prices rise sharply (Belleville News-Democrat)