June Case-Shiller US Home Price Index Growth Slows from May, Year-Over-Year Accelerates

09:00 AM EDT, 08/25/2026 (MT Newswires) -- The Case-Shiller National Home Price index rose by 0.4% in June before seasonal adjustment following a 0.7% increase in May. National home prices were up 1.5% year-over-year, up from 1.2% in May. The 10-city index rose by 0.5% in the month, while the 20-city index was up 0.4%. National home prices were up 0.1% month-over-month in June after seasonal adjustment, with the 10-city measure up 0.4% and the 20-city measure 0.2% higher. A survey compiled by Bloomberg as of 7:40 am ET expected the 20-city index to increase by 0.1% "The housing market remains under pressure, with 30-year mortgage rates holding near 6.5% in June," said Rebecca Kaufman, Associate Director of Commodities at S&P Dow Jones Indices. "As financing costs are kept high for prospective buyers, current homeowners remain reluctant to give up the low mortgage rates secured in prior years." The monthly home price index report from S&P CoreLogic Case-Shiller measures single-family home prices across the US with a two-month lag, broken down by city, with combined measures of the 10 and 20 largest cities and a national index. Case-Shiller reports percentage gains both from the previous month and a year earlier. Higher home prices are inflationary and are usually negative for bonds. The possible outcome for housing-related stocks is mixed, as higher prices suggest strong demand, but prices that are accelerating too fast can also deter potential buyers.