""January also marked the eighth consecutive month inflation outpaced annual home price growth, as the Consumer Price Index was up 1.5 percentage points compared to the 0.9% yearly increase for home price appreciation.""
""Affordability continues to be a major constraint on the housing market, Sturtevant said in a statement. Prospective buyers are waiting for both lower rates and slower price growth and are increasingly asking for concessions from sellers.""
In January, home prices showed a month-over-month gain of 0.2%, but annual gains have compressed to under 1%. The National Index rose 2.2% in the first half of 2025 but fell 1.3% in the latter half. January marked the weakest start for home prices since the early 2010s, with inflation outpacing home price growth. Affordability remains a significant constraint, leading buyers to seek concessions. New York recorded the largest annual price gain at 4.9%, while Tampa experienced the largest decline at 2.5%.
Read at www.housingwire.com
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