US Home Prices Rise the Least in 2 Years: S&P
2025-08-26 13:15
By
Andre Joaquim
1 min. read
The S&P Cotality Case-Schiller 20-City Home Price Index rose 2.1% from the previous year in June of 2025, easing from a 2.8% increase in the previous month and in line with market expectations.
It was the softest increase since July of 2023, as the elevated level of mortgage rates this year and the relative ample housing inventory limited bidding competition among home buyers.
Prices rose the most in New York City (7.0%), Chicago (6.1%), Cleveland (4.47%), and Detroit (4.3%).
In contrast, home prices fell 2.4% in Tampa and 2% in San Francisco.
From the previous month, home prices were loosely unchanged.