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Home Price Growth YoY: the latest available reading.

1.93% +0.31 vs prior month July 2026 · updated monthly

Freshness note: This observation is older than the normal release window for a monthly series. Treat it as the latest available reading, not a current estimate.

Home prices are growing 1.52% compared to a year ago, a historically low pace that has stabilized after months of decline. This marks a modest uptick from the prior month but remains far below the 5% growth rates seen roughly two years ago.

The trend over time.

The latest available read: Home Price Growth YoY is at 1.93% as of July 2026. Source: FRED · CSUSHPISA. CSV and PNG downloads cover the selected date range.

What Home Price Growth YoY measures.

The year-over-year percentage change in the S&P Case-Shiller U.S. National Home Price Index. It tracks repeat sales of the same homes, so it measures price change for a constant set of properties.

Case-Shiller is a three-month moving average that is published with a lag of about two months, so it trails the market. A reading near zero means prices are flat from a year ago; a negative reading means they are lower.

Source: FRED · CSUSHPISA · updated monthly

Why it matters.

Slower home price growth affects your purchasing power if you're buying soon and suggests less equity buildup if you already own. It also signals cooling housing demand, which can influence mortgage rates and the broader economy's health.

Where it fits.