05/30/2025
U.S. home prices posted a 3.9% annual gain in February, down marginally from the 4.1% annual growth released in January, according to the latest S&P CoreLogic Case-Shiller Home Price Index, which tracks single-family home values. This report reflects home sales from December 2024 through February 2025, a period marked by expanding inventory and a modest softening of mortgage rates.
Home prices continue climbing, but the pace has slowed considerably compared to several years ago, and industry experts expect price growth to cool further as households contend with looming economic uncertainty.
The much-anticipated spring home-buying season has yet to fully bloom as cautious consumers navigate record-high home prices, persistently elevated mortgage rates and a volatile economic landscape. Still, some green shoots are emerging, with various regions seeing a deceleration in home price gro