U.S. home prices fell 0.1% month-over-month from July to August 2026, below the typical 0.4% seasonal rise. Year-over-year, prices rose 1.3%, showing stabilization after prior declines. Regional variation exists, with some Northeast and Midwest markets resilient, while Southwest Florida shows weakening but slowing correction. Among the 50 largest metros, 30% had falling year-over-year prices in August 2026, down from 50% the prior year.