Home price shifts across America's 50 largest metro housing markets

U.S. home prices rose 1.3% year-over-year from August 2025 to August 2026, showing stabilization after a period of softening. Regional variations exist: markets in Texas, Florida, and Colorado face mild price corrections due to increased inventory and higher mortgage rates, while some Northeast and Midwest areas remain resilient with slight price gains. The Sun Belt and Mountain West saw cooling from pandemic-driven surges and new home supply, whereas Northeast and Midwest markets experienced milder softening due to less overvaluation and lower new construction.