The latest reading, 1.9% for Jul 2026, was up 0.3 points from the previous month, the highest since Jun 2025. A year earlier it was 1.7%.
Projection
gov.house's statistical projection for this series, with the range that has contained about 80% of outcomes in our backtests. In those backtests it was 25% more accurate than assuming no change.
| Horizon | Period | S&P CoreLogic Case-Shiller US National Home Price Index | 80% range |
|---|---|---|---|
| 3 months | OCT 2026 | 1.9 | 0.4 to 3.3 |
| 6 months | JAN 2027 | 1.5 | -1.1 to 4.1 |
| 12 months | JUL 2027 | 1.8 | -2.9 to 6.5 |
Backtest: 48 rolling forecast origins. Average miss at 12 months: 3.48 (no-change: 3.40).
A statistical projection, not a prediction of policy and not investment advice. How the projections work.
About this data
12-month change in the S&P CoreLogic Case-Shiller US National Home Price Index, not seasonally adjusted, via FRED.
What it measures
The change in prices of existing single-family homes, tracked through repeat sales of the same houses. It is published with a two-month lag.
Why it matters
Rising prices build wealth for owners but price out first-time buyers. Housing costs are the largest item in the consumer price index, and house prices shape debates over zoning, mortgage policy and Fannie Mae and Freddie Mac.
gov.house refreshes this page automatically from the official source twice a day. Figures are shown as published; recent values can be revised by the source agency.
Latest values
| Date | S&P CoreLogic Case-Shiller US National Home Price Index |
|---|---|
| JUL 2026 | 1.9 |
| JUN 2026 | 1.6 |
| MAY 2026 | 1.3 |
| APR 2026 | 1.0 |
| MAR 2026 | 0.8 |
| FEB 2026 | 0.8 |
| JAN 2026 | 1.0 |
| DEC 2025 | 1.2 |
| NOV 2025 | 1.3 |
| OCT 2025 | 1.3 |
| SEP 2025 | 1.3 |
| AUG 2025 | 1.5 |