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Home prices continue to cool with weak annual increase per Case-Shiller Index in July 2025.

The latest S&P CoreLogic Case-Shiller National Home Price NSA Index, released on Tuesday, revealed that the housing market is continuing to cool as home prices post another weak annual increase. In July 2025, home prices increased by just 1.7% year-over-year, a decline from June's 1.9% pace. This trend follows a steady decline in the pace of home price growth since 2020, when prices were rising at an annual rate of over 6%.

The Case-Shiller Index is a widely recognized indicator of the state of the housing market, tracking home prices in major cities across the United States. This latest report highlights the ongoing cooling of the housing market, which has been a cause for concern among industry experts.

According to the report, this weak annual increase in home prices is the lowest seen in a decade. While home prices are still increasing, the rate of growth has slowed significantly in recent years. This could have significant implications for the real estate industry, as well as for homeowners and potential buyers.

One possible factor contributing to the cooling of the housing market is the increasing availability of