In 2004 the average price of a home in Chicago was $259,000 in 2005 a 14% increase to $296,000

Other markets that had huge increases between '04-'05
Cincinnati- 28%
Indianapolis- 31%
Los Angeles- 19%- $539,000 average price
Milwaukee- 24%- $251,000 ave.
Phoenix- 41%!!
San Fran- 19%- $679,000 ave.
Washington DC- 20% $479,000 ave.