The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.1% annual increase for January, 2025. Their 10-City Composite increased 5.3% and their 20-City Composite increased 4.7%, year-over-year.
“Rising mortgage rates throughout the year elevated monthly payment burdens, which, combined with already high home prices, pushed affordability to multi-decade lows in many regions. This likely contributed to subdued activity in the back half of the year, with both buyers and sellers exercising caution. Inventory constraints also remain a challenge, particularly in legacy metro areas, where limited new construction continues to restrict supply.” Said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
Click here to read the full report at S&P Dow Jones Indices.
