Appreciation for MSAs:.

Comparing the real estate investment appreciation rates between a MSAs and their state can give you a lot of insight.

The Chicago Naperville Joliet, Illinios MSA appreciated + 5.87% (+ 2.93% yearly) between 1993 and the end of 1994.

The state of IL had + 6.90% total appreciation (+ 3.45% yearly). The state average for Illinios was higher than the real estate appreciation in the Chicago Naperville Joliet, Illinios MSA. This means the conditions in the MSA for real estate investment were worse than the state as a whole. The state appreaciated + 17.53% faster than this MSA.

Chicago-Naperville-Joliet-IL

YearQuarterPrice IndexQuarter Increase or DecreaseAnnualized
1993 2 94.67 + 0.82% + 3.28%
1993 3 95.59 + 0.97% + 3.89%
1993 4 96.32 + 0.76% + 3.05%
1994 1 97.61 + 1.34% + 5.36%
1994 2 98.72 + 1.14% + 4.55%
1994 3 99.33 + 0.62% + 2.47%
1994 4 99.41 + 0.08% + 0.32%