The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index has reported a 2.7% annual increase for April, 2025. Their 10-City Composite increased 4.1% and their 20-City Composite increased 3.4%, year-over-year. Yardi says the market is increasingly being driven by fundamentals rather than speculative fervor:
“The housing market continued its gradual deceleration in April, with annual price gains slowing to their most modest pace in nearly two years…What’s particularly striking is how this cycle has reshuffled regional leadership—markets that were pandemic darlings are now lagging, while historically steady performers in the Midwest and Northeast are setting the pace. This rotation signals a maturing market that’s increasingly driven by fundamentals rather than speculative fervor” Said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
