Home prices in August grew at the lowest annual rate in over two years, according to the recent release of the S&P Cotality Case-Shiller Home Price Index (seasonally adjusted – SA). Home prices grew at an annual rate of 1.51%, almost half the rate of inflation. This is well below the recent highs of around 6.5% at the beginning of 2024.

On a monthly basis, the index posted a modest increase from July, following five consecutive months of decline.


In addition to tracking national home price changes, the S&P Cotality CoreLogic Index (SA) also reports home price indexes across 20 major metro areas. Compared to last year, 11 of 20 metro areas reported a home price increase.




Source: eyeonhousing.org