The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has reported a 1.9% annual increase for June, 2025. Their 10-City Composite posted 2.6% increase year-over-year and their 20-City Composite posted a 2.1% year-over-year increase. Yardi says there there is currently a decisive shift in the housing market:
“June’s results mark the continuation of a decisive shift in the housing market, with national home prices rising just 1.9% year-over-year—the slowest pace since the summer of 2023…What makes this deceleration particularly noteworthy is the underlying pattern: The modest 1.9% annual gain masks significant volatility, with the first half of the period showing declining prices (-0.6%) that were more than offset by a 2.5% surge in the most recent six months, suggesting the housing market experienced a meaningful inflection point around the start of 2025.” Said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
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