After falling the hardest in the great downtown condo bust, the South Loop is rising the fastest in the recovery.
A recent survey of 65 large downtown buildings found that average condominium resale prices on a square-foot basis rose nearly 10 percent between the first half of 2012 and the first half of this year. The South Loop led all downtown submarkets, with a 20.2 percent gain, according to the survey by Appraisal Research Counselors, a Chicago-based consulting firm.
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(Hat tip: FS!)