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U.S. Home Prices Decline Amid High Mortgage Rates

11/26/2025

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Summary

Story summary

In November 2025, a survey found all 20 major U.S. cities posted monthly declines in home prices before seasonal adjustments.
The S&P CoreLogic Case-Shiller National Home Price Index rose 1.3% over the past year, but the pace slowed due to high mortgage rates and affordability issues.
This marks the weakest performance since mid-2023, indicating ongoing challenges in the housing market.

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Story summary

In November 2025, a survey found all 20 major U.S. cities posted monthly declines in home prices before seasonal adjustments.
The S&P CoreLogic Case-Shiller National Home Price Index rose 1.3% over the past year, but the pace slowed due to high mortgage rates and affordability issues.
This marks the weakest performance since mid-2023, indicating ongoing challenges in the housing market.