Chicago’s housing prices are soaring, but unlike other major metros, they’re not setting records. Here’s why.

Prices rose the most in Phoenix — 29.3% compared with a year earlier — followed by San Diego, with a 27.1% increase, and Seattle, at 25%, according to S&P CoreLogic Case-Shiller 20-city home price index. Chicago’s year-over-year increase stands at 13.32%.