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U.S. Home Prices Show Annual Gain in July, Real Values Decline
U.S. home prices rose 1.9% annually in July 2026, according to the S&P CoreLogic Case-Shiller National Home Price Index. This marks an increase from the 1.6% annual gain recorded in the previous month. However, real home values experienced a decrease for the fourteenth consecutive month.
09/29/2026 · Maryland edition
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Why it matters locally: While national home prices are up, the decline in real values due to inflation could impact affordability and purchasing power for residents across Maryland, particularly in areas like Prince George's County and Montgomery County where housing costs are significant.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 1.9% annual increase in July 2026. This figure represents an acceleration from the 1.6% annual gain observed in June. Despite the nominal rise, real home values in the U.S. fell for the 14th consecutive month. July's inflation rate reached 3.4%, exceeding the national home price gain by approximately 1.5 percentage points.Related Topics
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