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U.S. Home Prices Dip 0.2% Amid Mixed Market Trends

10/23/2025

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Summary

Story summary

U.S. home prices fell 0.2% in September from August.
Prices rose 1.1% year over year in September.
Mark Fleming of First American notes that 105 of the 300 largest metro areas declined year over year, despite growth in some Northeast and Midwest markets.
Existing-home sales rose 1.5% to a 4.06 million annual rate, driven by lower mortgage rates.
The median price rose 2.1% to $415,200.

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Story summary

U.S. home prices fell 0.2% in September from August.
Prices rose 1.1% year over year in September.
Mark Fleming of First American notes that 105 of the 300 largest metro areas declined year over year, despite growth in some Northeast and Midwest markets.
Existing-home sales rose 1.5% to a 4.06 million annual rate, driven by lower mortgage rates.
The median price rose 2.1% to $415,200.