Case Shiller monthly home price data for March -0.1% versus 0.3% estimate

• Prior month 0.4%
• Home price data for 20 markets in the month of March fell -0.1% versus 0.3% estimate
• YoY 20 market home price index 4.1% vs 4.5% estimate. Last month 4.5%

Nicholas Godec Head
of Fixed Income Tradables & Commodities at S&P Dow Jones Indices

“Home price growth continued to decelerate on an annual basis in March, even as the market
experienced its strongest monthly gains so far in 2025,.This divergence between
slowing year-over-year appreciation and renewed spring momentum highlighted how the housing
market shifted from mere resilience to a broader seasonal recovery. Limited supply and steady demand
drove prices higher across most metropolitan areas, despite affordability challenges remaining firmly in
place.”

Regionally:

“Regional price trends remained varied. New York again reported the highest annual gain among the
20 cities, with prices up 8.0% year over year in March, followed by Chicago (+6.5%) and Cleveland
(+5.9%). At the other end of the spectrum, Dallas barely stayed positive at +0.2% YoY, and Tampa saw
prices fall 2.2%, making it the only metro to post a year-over-year decline. These results underscored
how markets that experienced sharp run-ups earlier in the cycle – particularly in the Sun Belt –
continued to adjust under the weight of higher mortgage rates and strained affordability.

Below is the % change for the most recent months and YoY values.

This article was written by Greg Michalowski at www.forexlive.com.