S&P Cotality Case-Shiller Index Shows 2.1% Annual Home Price Gain in August 2026
The S&P Cotality Case-Shiller U.S. National Home Price Index reported a 2.1% year-over-year increase for August 2026, up from 1.9% in July. Despite this nominal growth, real home values have declined for 15 consecutive months as the 3.4% inflation rate continues to outpace price appreciation. Market data reveals significant regional divergence: Chicago led the nation with a 6.7% annual gain, while Seattle saw the sharpest decline at -2.0%. While seasonally adjusted figures suggest underlying strength, broader economic headwinds—including mortgage rates in the mid-to-high 6% range and high energy costs—continue to challenge housing affordability.
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Topics: economic indicators home prices inflation real estate market trends