Despite rising mortgage rates and low inventories, the Illinois real estate market continued its momentum in May.

According to Illinois Realtors, sales were down but prices rose over 6% and homes sold quicker than a year ago. The average Illinois home sold in 24 days in May 2022, compared to 33 days a year ago.

The sun was up when Chicago polls closed Tuesday — but voter turnout was not.

With the state’s first summertime primary election in decades — pushed back three months due to the delayed release of U.S. Census figures used to define voting districts — only about 1 in 5 registered Chicago voters cast a ballot by Tuesday evening, the lowest total since 2014.

The streak of double-digit growth in Chicago-area home values reached its 12th month, according to a national index.

The value of Chicago-area homes rose by 13% in April from a year ago, according to the S&P CoreLogic Case-Shiller Indices released this morning. It’s the 12th consecutive month of growth of 10% or more, a streak that began in May 2021 with an increase of 11.1%.