According to the latest Cotality (formerly CoreLogic) Home Price Insights (HPI) report, price growth in August rose 1.3%. In addition, they say monthly price increases were in negative territory – down 0.3% between July & August 2025, following a 0.2% decline in July. Interestingly, negative home price growth is mainly concentrated in Florida where seven of the top 10 metros reporting negative growth are located.
“Enhanced affordability has provided much-needed relief to the housing market, which has experienced limited momentum over the past two years…Consequently, recent increases in mortgage application activity indicate that homebuyers are gradually re-entering the market. Rising inventories are providing buyers with more choices while price cuts are now more common in certain local markets. This has slowly shifted negotiating power towards buyers – if they can afford to act. But, with some sellers pulling back and further expected decline in mortgage rates, price pressures could resurge.” Said Dr. Selma Hepp, Cotality’s Chief Economist.
Click here to read the full report at Cotality.