28.10.202513:06:47UTC+00US Home Price Growth Slows to Over Two-Year Low

In August 2025, the S&P CoreLogic Case-Shiller 20-City Home Price Index observed a modest annual rise of 1.6%, representing the smallest increase since July 2023 and falling short of the anticipated 1.9% growth. "August's figures reveal a continued deceleration in U.S. home prices, with the National Index showing a mere 1.5% year-over-year increase," stated Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. This development signifies the weakest annual growth in over two years and lags behind the current 3% inflation rate. For the fourth consecutive month, home values have not kept pace with inflation, leading to a decline in homeowners' real wealth despite a nominal uptick in prices. New York maintained its leading position among the 20 cities, registering a 6.1% annual rise in August, with Chicago and Cleveland following at 5.9% and 4.7%, respectively. Conversely, Tampa exhibited the poorest performance, with a 3.3% decrease in prices over the year.