Home Prices Made 1.9% Annual Gain in July, Says Case Shiller
Home Prices Made 1.9% Annual Gain in July, Says Case ShillerAI-generated

Case-Shiller: US Home Prices Rose 1.9% Annually in July

US home prices rose 1.9% annually in July, per S&P Cotality Case-Shiller. Chicago led the 20 cities at 6.9%; Seattle fell 1.6%. Composites accelerated from June.

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By Elena Vasquez
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Key takeaways

  • The S&P Cotality Case-Shiller U.S. National Home Price NSA Index reported a 1.9% annual gain for July 2026.
  • Chicago led the 20-city index with a 6.9% annual increase; Seattle fell 1.6%, the lowest return.
  • After seasonal adjustment, the U.S. National, 10-City, and 20-City Composite Indices posted monthly gains of 0.3%, 0.4%, and 0.3%, respectively.

US home prices gained 1.9% year over year in July, according to the S&P Cotality Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. census divisions. S&P released the figures on September 29, 2026, from Washington, DC.

The composite indices accelerated. The Ten-City Composite rose 3.4% annually, up from a 3.0% increase in June. The 20-City Composite posted a 2.5% year-over-year gain, up from 2.2% the previous month.

Chicago posted the strongest performance among the 20 cities, with a 6.9% annual increase in July. New York followed at 5.8%, and Cleveland recorded a 4.2% gain. Seattle sat at the bottom of the table, falling 1.6%.

The monthly picture was flatter before seasonal adjustment. The U.S. National Index gained 0.12% and the Ten-City Composite gained 0.03%, while the 20-City Composite slipped 0.01%. After seasonal adjustment, the gains broadened: the U.S. National, 10-City, and 20-City Composite Indices posted increases of 0.3%, 0.4%, and 0.3%, respectively.

The spread between Chicago's 6.9% surge and Seattle's 1.6% decline — more than eight percentage points — marks the sharpest divergence in the July data and underscores how unevenly price growth is distributed across US metros.

Source: FloorDaily

housing-market case-shiller home-prices real-estate us-metros

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Elena Vasquez

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Senior reporter covering business strategy at Built Current.

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