First American HPI shows U.S. home prices rise 1.4% y/y in August 2026
Bitget2026/09/28 13:02- First American Financial published an August 2026 Home Price Index showing U.S. home prices up 1.4% year over year.
- Monthly gains stayed muted, with the index up 0.2% from July.
- Annual appreciation remained below the 3.4% pre-pandemic long-term average for a 17th straight month.
- Higher mortgage rates constrained demand, while rate lock-in limited listings, keeping supply and demand in a stalemate.
- Regional split widened: Chicago rose 5.5%, while Dallas fell 5.0%, signaling a rebalancing in several Sun Belt markets.
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