09:00 AM EDT, 08/26/2025 (MT Newswires) -- The FHFA's measure of home prices fell by 0.2% in June after an upwardly revised 0.1% decrease in the previous month, below the 0.1% decrease expected in a survey compiled by Bloomberg as of 7:30 am ET.

Prices were up 2.6% from a year earlier in June.

Home prices in Q2 were unchanged from Q1 but were up 2.9% from the same quarter a year ago. Over that 12-month period, home prices rose in 46 states, led by New York, Connecticut and New Jersey, and fell in four states and Washington, DC, which posted the largest decline.

The monthly home price index report from the Federal Housing Finance Agency measures single-family home prices across the US with a two-month lag, broken down by region. The FHFA reports percentage gains both from the previous month and a year earlier.

Higher home prices are inflationary and a negative for bonds. The 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.