10/15/20: Behind the Chicago-area’s abrupt spike in home prices

Crain's Daily Gist - A podcast by Crain's Chicago Business

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After years of home prices barely budging, the Chicago-area housing market is suddenly seeing double-digit growth. Reporter Dennis Rodkin explains why and shares other top real estate news of the week. Plus: Toni Preckwinkle's proposed Cook County budget has no tax hikes and minimal layoffs, Walgreens posts strong results as drugstore chain rides out pandemic, Chicago Booth goes online after COVID-19 outbreak and United CEO says business travel demand won't return to normal until late 2024.