09:00 AM EDT, 08/26/2025 (MT Newswires) -- The Case-Shiller National Home Price index rose by 0.1% in June before seasonal adjustment following a 0.5% increase in May.

National home prices were up 1.9% year-over-year, the slowest pace in two years according to Nicholas Godec, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.

"What makes this deceleration particularly noteworthy is the underlying pattern: The modest 1.9% annual gain masks significant volatility, with the first half of the period showing declining prices (-0.6%) that were more than offset by a 2.5% surge in the most recent six months, suggesting the housing market experienced a meaningful inflection point around the start of 2025," Godec said.

The 10-city index fell by 0.1% in the month, while the 20-city index was unchanged.

National home prices were down 0.3% month-over-month in June after seasonal adjustment, with the 10-city measure down 0.1% and the 20-city measure 0.3% lower.

The monthly home price index report from S&P CoreLogic Case-Shiller measures single-family home prices across the US with a two-month lag, broken down by city, with combined measures of the 10 and 20 largest cities and a national index. Case-Shiller reports percentage gains both from the previous month and a year earlier.

Higher home prices are inflationary and are usually negative for bonds. The possible outcome for housing-related stocks is mixed, as higher prices suggest strong demand, but prices that are accelerating too fast can also deter potential buyers.