by Calculated Risk on 8/05/2025 03:51:00 PM
From Cotality (formerly CoreLogic): US home price insights — August 2025
The end of the 2025 spring homebuyers season ended softly, with slower price growth dominating the narrative and potentially opening the door to more buyers.
• Year-over-year price growth dipped to 1.7% in June 2025 and is now well below the rate of inflation and signals that real prices may be becoming slightly more affordable.
• Seasonal increases in home prices continue to be weak, up 0.1% compared to the month before, which is the slowest June monthly increase since 2008.
• West Virginia saw prices rise 5.5% year-over-year, entering the top 5 states with the highest home price growth. The full list includes Connecticut, New Jersey, Rhode Island, and Illinois, all of which continue to record more than triple the national rate of price growth.
• Florida, Texas, Montana, and Washington, D.C. reported negative home price growth.
emphasis added
The list is dominated by Florida and Texas. According to Cotality, the highest risk markets are all in Florida.
House prices are under pressure with more inventory and sluggish sales.