Cotality Home Price Index: Prices Up Just 1.7% in September, With a 0.3% Monthly Drop — the Largest Since 2022
U.S. single-family home prices rose 1.7% year over year in September but fell 0.3% from August, the largest monthly decline since 2022, according to Cotality's Home Price Index released November 3. It was also the third straight September with no monthly growth, whereas September prices typically edge up about 0.2%. The national median remains above $400,000.
Cotality forecasts annual growth slowing further to just 0.9% over the next 12 months.
Gains were concentrated in the Great Lakes and Northeast: Illinois led at 6.9%, followed by Rhode Island at 6.4%, Connecticut at 6.0%, New Jersey at 5.1% and Ohio at 4.9%, while Washington fell 1.0%.
Source: Cotality
Published by GSM · USA (original Chinese edition)
Photo: 西雅图市中心天际线，华盛顿州是9月少数房价下跌的州之一。图：ericnvntr，CC BY 2.0，经 Wikimedia Commons。 / The downtown Seattle skyline; Washington was one of the few states where prices fell in September. Photo: ericnvntr, CC BY 2.0, via Wikimedia Commons.
