2025.10.2813:00:00UTC+00U.S. Home Prices Continue Decline in August: S&P/CS HPI Drops to -0.6%

In a further sign of cooling in the U.S. housing market, the S&P/Case-Shiller Home Price Index Composite for 20 cities marked a continued decline in August 2025. According to the latest data released on October 28, 2025, the index fell to -0.6% on a month-over-month basis, down from -0.3% in July, highlighting a consistent downward trend.

This recent decline in the index, which measures changes in residential home prices across the United States, suggests that the momentum from the previously robust housing market is slowing. With two consecutive months of slipping prices, the data indicate a more substantial contraction compared to earlier in the year—gathering implications for homeowners and market investors alike.

The S&P/CS HPI provides a critical window into the health of the housing market and the broader economy. As the market adjusts, stakeholders are keeping a watchful eye on how these trends may influence other economic factors, particularly consumer spending and confidence, which are tightly interlinked with the housing sector. As the market remains in flux, future reports will be pivotal in understanding the long-term trajectory of housing prices.