The latest S&P Cotality Case-Shiller U.S. National Home Price NSA Index has reported a 0.8% annual increase for April, 2026. Their 10-City Composite posted 1.1% increase year-over-year and their 20-City Composite posted a 1% year-over-year increase. They say for the 11th consecutive month, U.S. home values fell in real terms, as April’s 3.8% inflation ran roughly 3 percentage points above the 0.8% home price gain.
“April’s figures confirm that U.S. home prices remain essentially flat, with the S&P Cotality Case-Shiller National Home Price Index up a scant 0.8% year over year, just above March’s 0.7% pace…With inflation accelerating to 3.8% in April, U.S. home values have now declined in real terms for an 11th straight month, further eroding inflation-adjusted housing wealth” Said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
The S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 0.8% annual gain
for April 2026, up from a 0.7% rise in the previous month.
• For the 11th consecutive month, U.S. home values fell in real terms, as April’s 3.8% inflation ran
roughly 3 percentage points above the 0.8% home price gain.
• A nearly 9 percentage-point gap separated April’s strongest market (Chicago +6.5% YoY) a
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Click here to read the full report at S&P Dow Jones Indices.
