According to the latest Cotality (formerly CoreLogic) Home Price Insights (HPI) report, price growth in July dipped to 1.4%, which is well below the 2.7% rate of inflation recorded in the CPI during that same period. They say the 2025 spring homebuyers season ended softly, with slower price growth dominating the narrative and potentially opening the door to more buyers.
Some key points:
- Year-over-year price growth dipped to 1.4% in July 2025 – almost half the rate of inflation.
- Monthly price increases have been nominal this year.
“While housing market expectations remain influenced by the availability of for-sale inventory and affordability concerns, the recent decline in mortgage rates may counteract the general price weakness observed this summer. Mortgage rates are currently at their lowest point since last September when a similar decrease stimulated increased demand for home purchases. Taken together, lower mortgage rates and lower home prices in many markets suggest improved affordability for a number of buyers who have been sitting on the sidelines for a long time.” Said Dr. Selma Hepp, Cotality’s Chief Economist.
Click here to read the full report at Cotality.
