INTERACTIVE: See how home prices rise, fall and finally fall
It won’t be a surprise to anyone that home prices aren’t moving much these days. The latest S&P Cotality Case-Shiller Indices – released on Tuesday – have effectively dashed hopes for a spring recovery, according to one economist.
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New data from the US Federal Housing Finance Agency (FHFA), also published on Tuesday, sheds further light on the situation. This data shows that US home prices rose just 0.46 percent in the first quarter of 2026 compared to the previous three-month period. According to the FHFA report on the data, this represents the worst first quarter for home price growth in at least a decade.
To visualize the situation, Inman has plotted years of data in the graph below. Zoom in to see shorter time frames and scroll down to see how your state is doing.
Housing market data
US home price appreciation, 1991–2026
FHFA Purchase-Only House Price Index, seasonally adjusted, nominal. Quarterly change versus year-over-year change.
Last quarter
+0.46%
2026 Q1
Year after year
+1.65%
2025 Q1 to 2026 Q1
Via YoY
−0.17%
2008 Q4
Quarterly change
Year after year
Data by state
House price change by state
FHFA Purchase-Only House Price Index, period ending 2026 Q1. Hover over a state for more information.
Select time period:
Top 5 — One-year rating
Bottom 5: valuation over one year
