Illinois Realtors recently reported that home sales in July were down 6.8 percent from the same month last year.
|State Rep. Jeanne Ives (R-Wheaton)|
The statewide median price in July was $199,000 — 4.7 percent higher than the median price of $190,000 in July 2015.
State Rep. Jeanne Ives, R-Wheaton, said with more than 30,000 jobs lost in July, she believes the drop in home sales this year can be linked to the state’s turbulent economy.
“I think there’s a correlation there between home sales plummeting and people leaving the workforce,” she said...
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