Illinois median home prices increase 7.6 percent in April, home sales decrease 7.8 percent amid tight inventories

SPRINGFIELD, Ill. – May 22, 2014 – (RealEstateRama) — Illinois home prices continued an upward trend with April marking 20 consecutive months of year-over-year gains. Tighter inventory continued to affect home sales, which decreased 7.8 percent over previous-year numbers, according to the Illinois Association of REALTORS®