US home prices decline for second straight month as over half of major cities lose ground
US home prices have declined for the second consecutive month, with over half of major cities experiencing year-over-year losses. The S&P Case-Shiller index indicates that real home values have dropped for nine straight months, reflecting a significant cooling in the housing market. While some cities like Chicago and New York have seen price increases, others like Seattle and Denver are struggling with declines.
- ▪The national home price index recorded a year-over-year increase of just 0.7% in February 2026.
- ▪Real home values in the US have declined for nine consecutive months when adjusted for inflation.
- ▪Chicago and New York are among the few cities that have posted year-over-year price increases.
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US home prices decline for second straight month as over half of major cities lose ground The S&P Case-Shiller index shows the housing market's pandemic-era momentum has officially stalled, with real home values dropping for nine consecutive months. Share Add us on Google by Editorial Team May. 26, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); American home prices fell for the second consecutive month in March, with more than…
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