Did you go out and buy a condo after reading the Illinois Association of Realtors' cheery report for May condo sales in Chicago? Hopefully you didn't, because the numbers were off by, well... A LOT. Turns out, the median sale price of condos dropped 23 percent year-over-year, instead of rising 10.3 percent, as IAR had reported. The group insists that nobody has been juking the stats, and that instead there's something wrong with their number-crunching software. [Chicago Tribune]
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