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Regional Home Price Growth Variability
Comparison of year-over-year home price changes across different US regions.
Primary Sources
Housing Market Shift: Home Price Growth Slows To A Crawl – NMP
That combination — slowing annual growth and negative monthly prints — signals a market that is no longer just cooling, but effectively flatlining in the near term. Cotality economists point to a core dynamic driving the slowdown: buyers and sellers remain far apart on price expectations. “We are in a period of low sales and price growth …
Home Price Growth Continues to Moderate, But Trends 'Divided' - Newark Today
Got story updates? Submit your updates here. ›Divergent home price trends across the country illustrate the ongoing rebalancing of the housing market.Newark TodayAccording to the latest Cotality Home Price Index, home prices saw only a 0.5% year-over-year growth in February, with a 0.16% fall from January. The report found that 13 states, including Washington, D.C., Florida, and Montana, saw year-over-year home price losses. However, some markets like Newark, New Jersey and Rochester, New York saw significant increases. Cotality noted that the current housing market is 'divided' both nationally and within specific regions. Why it matters The moderating home price growth is a sign of better times ahead for the housing market, providing some relief to buyers seeking better affordability. However, the 'divided' nature of the market, with some areas still seeing significant price increases while others experience declines, underscores the ongoing process of price discovery and rebalancing in the housing sector. The details Cotality's Home Price Index for February found that home prices saw only a 0.5% year-over-year growth, and a 0.16% fall from January. The report noted that 13 states (including the District of Columbia) saw year-over-year home price losses, with the three largest declines in Washington, D.C. (-3.01%), Florida (-2.30%), and Montana (-1.52%). The top markets most likely to see price declines in the next 12 months were all in Florida. Meanwhile, New Jersey, North Dakota, and Illinois saw the highest year-over-year gains, and Newark, New Jersey and Rochester, New York had the largest increases at 6.7% and 6.3%, respectively. Cotality's Home Price Index data is for February 2026.The report found that 13 states saw year-over-year home price losses. The players CotalityA real estate data and analytics firm that publishes the Cotality Home Price Index.Dr. Selma HeppCotality's Chief Economist, who provided commentary on the current housing market trends. Got photos? Submit your photos here. › What they’re saying “These diverse trends indicate an ongoing process of price discovery—one where sales and comparisons remain limited—and underscore a market that is rebalancing locally rather than correcting nationally.”— Dr. Selma Hepp, Chief Economist The takeaway The moderating home price growth is a positive sign for the housing market, but the 'divided' nature of the market, with some areas still seeing significant price increases while others experi...
Home sales are up and down so far in housing market's busiest season
Easter weekend likely had some impact on the results, as did rising mortgage rates stemming from the Iran war and inflation worries. At the start of 2026, home sales showed signs of improvement after three consecutive years of record-low sales.
What this spring looks like in real estate markets around the country
With mortgage rates ticking up, some markets have seen buyers hold back or get more picky.
