Over the last few years, Chicago’s housing market has gotten its fair share of media attention for lagging other major metro areas when it comes to home price appreciation. Chicagoland tends to be near the bottom of the 20-city S&P Case-Shiller report, charting more moderate gains than the cities along the coasts and the Sun Belt. Meanwhile, the UBS Global Cities Price Index recently identified Chicago as the most undervalued housing market of 25 major global cities.