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Standard & Poor's regularly published data on the popular Case Shiller Home Price Index.   I have taken this data and created a graph of the Chicago area Index as compared to the national level for Seasonal Adjusted and Non-Seasonal Adjusted prices. 

Not much in these charts except that the recovery is not on its way back up and we appear to be "bouncing on the bottom" or as some have called it a "double dip".  

It is important to be careful not to use this generalized information to draw a conclusion on your local market.   The Chicago market alone is very large and includes prices that are both going up and others that are still declining.