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Yahoo
16 minutes ago
- Business
- Yahoo
Cotality: External Pressures Suppress Home Price Growth Across the U.S.
Year-over-year price growth slowed to 2.0% in April 2025, with single-family detached homes still growing at 2.46% annual rate while single-family detached homes posted a 0.08% decline — the first annual decline since 2012. Markets with continued largest home price gains this spring remain in Northeast and Midwest, particularly more affordable areas surrounding large expensive metros. Florida, Texas, Hawaii, and Washington D.C. reported negative home price growth. IRVINE, Calif., June 03, 2025--(BUSINESS WIRE)--Cotality, a leading global property information, analytics, and data-enabled solutions provider, released its latest Cotality Home Price Index™ (HPI™) for April 2025. April posted the lowest home price growth in more than a decade. Widespread concern about personal finances, job prospects, and potential tariff impacts continues to weigh on home prices. "Housing market headwinds continue to challenge homebuying demand, but improved for-sale supply is providing buyers with more options and helping keep softer price pressures for those looking to buy this spring. And while annual home price growth has slowed considerably, home prices this spring have held up, and gains have mostly mirrored trends seen before the pandemic. This is encouraging given the fears that consumer sentiment has faltered. Cotality's home price forecast for the coming month expects the solid home price trend to continue," said Cotality's Chief Economist Dr. Selma Hepp. The Northeast, which has been an outlier in recent months and posting solid growth, had a couple of states reverse course in April. New York and Vermont posted home prices that were furthest from their peaks. Also, more markets are posting negative growth, with Hawaii, Florida, Texas, and Washington D.C. seeing price appreciation dip to -2%, -0.8%, -0.7%, and -0.6%, respectively. "It is important to note that the number of markets where home prices are declining has not grown notably," explained Hepp. "About 14 of the 100 largest markets reported annual declines, up from 12 markets last month, with the majority concentrated in Florida and Texas. Cape Coral, Florida shows the largest annual decline at 7% year over year, and prices are back at levels seen in the spring of 2022." Florida continues to course correct after years of explosive growth. Cotality's Office of the Chief Economist reveals that several markets in the state are seeing price declines — the state overall saw -0.8% price appreciation in April — and all five of the U.S.'s most at-risk markets are located in the Sunshine State. Florida also saw its median sales price dip below the national median to $390,000, dropping the state out of the top 20 most expensive markets. The next Cotality Home Price Index will be released July 1, featuring data for May 2025. For ongoing housing trends and data, visit the Cotality Insights blog: Methodology The Cotality HPI™ is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 45 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with an average five-week lag, the Cotality HPI is designed to provide an early indication of home price trends by market segment and for the Single-Family Combined tier, representing the most comprehensive set of properties, including all sales for single-family attached and single-family detached properties. The indices are fully revised with each release and employ techniques to signal turning points sooner. The Cotality HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states. Cotality HPI Forecasts™ are based on a two-stage, error-correction econometric model that combines the equilibrium home price—as a function of real disposable income per capita—with short-run fluctuations caused by market momentum, mean-reversion, and exogenous economic shocks like changes in the unemployment rate. With a 30-year forecast horizon, Cotality HPI Forecasts project Cotality HPI levels for two tiers — Single-Family Combined (both attached and detached) and Single-Family Combined Excluding Distressed Sales. As a companion to the Cotality HPI Forecasts, Stress-Testing Scenarios align with Comprehensive Capital Analysis and Review (CCAR) national scenarios to project five years of home prices under baseline, adverse and severely adverse scenarios at state, metropolitan areas and ZIP Code levels. The forecast accuracy represents a 95% statistical confidence interval with a +/- 2% margin of error for the index. About Market Risk Indicators Market Risk Indicators are a subscription-based analytics solution that provide monthly updates on the overall health of housing markets across the country. Cotality data scientists combine world-class analytics with detailed economic and housing data to help determine the likelihood of a housing bubble burst in 392 major metros and all 50 states. Market Risk Indicators is a multi-phase regression model that provides a probability score (from 1 to 100) on the likelihood of two scenarios per metro: a >10% price reduction and a ≤ 10% price reduction. The higher the score, the higher the risk of a price reduction. About the Market Condition Indicators As part of the Cotality HPI and HPI Forecasts offerings, Market Condition Indicators are available for all metropolitan areas and identify individual markets as overvalued, at value or undervalued. These indicators are derived from the long-term fundamental values, which are a function of real disposable income per capita. Markets are labeled as overvalued if the current home price indexes exceed their long-term values by greater than 10% and undervalued where the long-term values exceed the index levels by greater than 10%. Source: Cotality The data provided are for use only by the primary recipient or the primary recipient's publication or broadcast. This data may not be resold, republished or licensed to any other source, including publications and sources owned by the primary recipient's parent company without prior written permission from Cotality. Any Cotality data used for publication or broadcast, in whole or in part, must be sourced as coming from Cotality, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data are illustrated with maps, charts, graphs or other visual elements, the Cotality logo must be included on screen or website. For questions, analysis or interpretation of the data, contact Charity Head at newsmedia@ Data provided may not be modified without the prior written permission of Cotality. Do not use the data in any unlawful manner. The data are compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources. About Cotality Cotality accelerates data, insights, and workflows across the property ecosystem to enable industry professionals to surpass their ambitions and impact society. With billions of real-time data signals across the life cycle of a property, we unearth hidden risks and transformative opportunities for agents, lenders, carriers, and innovators. Get to know us at View source version on Contacts Media Contact Charity HeadCotalityNewsmedia@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
20 minutes ago
- Business
- Business Wire
Cotality: External Pressures Suppress Home Price Growth Across the U.S.
IRVINE, Calif.--(BUSINESS WIRE)--Cotality, a leading global property information, analytics, and data-enabled solutions provider, released its latest Cotality Home Price Index™ (HPI™) for April 2025. April posted the lowest home price growth in more than a decade. Widespread concern about personal finances, job prospects, and potential tariff impacts continues to weigh on home prices. 'With more visibility around tariffs, diminishing concerns about an economic recession, and more homes for sale, the homebuying market could see some improved optimism and more activity going forward.' Dr. Selma Hepp, Cotality Chief Economist Share 'Housing market headwinds continue to challenge homebuying demand, but improved for-sale supply is providing buyers with more options and helping keep softer price pressures for those looking to buy this spring. And while annual home price growth has slowed considerably, home prices this spring have held up, and gains have mostly mirrored trends seen before the pandemic. This is encouraging given the fears that consumer sentiment has faltered. Cotality's home price forecast for the coming month expects the solid home price trend to continue,' said Cotality's Chief Economist Dr. Selma Hepp. The Northeast, which has been an outlier in recent months and posting solid growth, had a couple of states reverse course in April. New York and Vermont posted home prices that were furthest from their peaks. Also, more markets are posting negative growth, with Hawaii, Florida, Texas, and Washington D.C. seeing price appreciation dip to -2%, -0.8%, -0.7%, and -0.6%, respectively. 'It is important to note that the number of markets where home prices are declining has not grown notably,' explained Hepp. 'About 14 of the 100 largest markets reported annual declines, up from 12 markets last month, with the majority concentrated in Florida and Texas. Cape Coral, Florida shows the largest annual decline at 7% year over year, and prices are back at levels seen in the spring of 2022.' Florida continues to course correct after years of explosive growth. Cotality's Office of the Chief Economist reveals that several markets in the state are seeing price declines — the state overall saw -0.8% price appreciation in April — and all five of the U.S.'s most at-risk markets are located in the Sunshine State. Florida also saw its median sales price dip below the national median to $390,000, dropping the state out of the top 20 most expensive markets. The next Cotality Home Price Index will be released July 1, featuring data for May 2025. For ongoing housing trends and data, visit the Cotality Insights blog: Methodology The Cotality HPI ™ is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 45 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with an average five-week lag, the Cotality HPI is designed to provide an early indication of home price trends by market segment and for the Single-Family Combined tier, representing the most comprehensive set of properties, including all sales for single-family attached and single-family detached properties. The indices are fully revised with each release and employ techniques to signal turning points sooner. The Cotality HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states. Cotality HPI Forecasts ™ are based on a two-stage, error-correction econometric model that combines the equilibrium home price—as a function of real disposable income per capita—with short-run fluctuations caused by market momentum, mean-reversion, and exogenous economic shocks like changes in the unemployment rate. With a 30-year forecast horizon, Cotality HPI Forecasts project Cotality HPI levels for two tiers — Single-Family Combined (both attached and detached) and Single-Family Combined Excluding Distressed Sales. As a companion to the Cotality HPI Forecasts, Stress-Testing Scenarios align with Comprehensive Capital Analysis and Review (CCAR) national scenarios to project five years of home prices under baseline, adverse and severely adverse scenarios at state, metropolitan areas and ZIP Code levels. The forecast accuracy represents a 95% statistical confidence interval with a +/- 2% margin of error for the index. About Market Risk Indicators Market Risk Indicators are a subscription-based analytics solution that provide monthly updates on the overall health of housing markets across the country. Cotality data scientists combine world-class analytics with detailed economic and housing data to help determine the likelihood of a housing bubble burst in 392 major metros and all 50 states. Market Risk Indicators is a multi-phase regression model that provides a probability score (from 1 to 100) on the likelihood of two scenarios per metro: a >10% price reduction and a ≤ 10% price reduction. The higher the score, the higher the risk of a price reduction. About the Market Condition Indicators As part of the Cotality HPI and HPI Forecasts offerings, Market Condition Indicators are available for all metropolitan areas and identify individual markets as overvalued, at value or undervalued. These indicators are derived from the long-term fundamental values, which are a function of real disposable income per capita. Markets are labeled as overvalued if the current home price indexes exceed their long-term values by greater than 10% and undervalued where the long-term values exceed the index levels by greater than 10%. Source: Cotality The data provided are for use only by the primary recipient or the primary recipient's publication or broadcast. This data may not be resold, republished or licensed to any other source, including publications and sources owned by the primary recipient's parent company without prior written permission from Cotality. Any Cotality data used for publication or broadcast, in whole or in part, must be sourced as coming from Cotality, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data. If the data are illustrated with maps, charts, graphs or other visual elements, the Cotality logo must be included on screen or website. For questions, analysis or interpretation of the data, contact Charity Head at newsmedia@ Data provided may not be modified without the prior written permission of Cotality. Do not use the data in any unlawful manner. The data are compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources. About Cotality Cotality accelerates data, insights, and workflows across the property ecosystem to enable industry professionals to surpass their ambitions and impact society. With billions of real-time data signals across the life cycle of a property, we unearth hidden risks and transformative opportunities for agents, lenders, carriers, and innovators. Get to know us at
Time of India
25-05-2025
- Business
- Time of India
Housing prices on the rise in Jaipur: NHB data
Jaipur: Housing prices in Jaipur have been on a steady rise except for the Covid pandemic years, according to the National Housing Bank's Residex index. The index's 2017-18 base-year point of 100 rose to 142 for Jaipur as per the latest survey. Tired of too many ads? go ad free now While the housing prices went into a tailspin during the Covid years, the demand surged later. The 50-city Housing Price Index (HPI), based on valuation prices of properties collected from banks and housing finance companies, recorded an annual increase of 7.5% during the fourth quarter of 2024-25 compared to 5.1% a year ago. Rajesh Dukia, a real estate developer, said, "Housing prices have been on the rise for the past four years and the momentum is likely to continue." However, Bhiwadi, the second city in Rajasthan that the index tracks, has witnessed a decline in housing prices. Dukia said, "Pollution, traffic, and the overcrowded nature of the town are some of the reasons which are dragging down the prices. On the other hand, Jaipur scores better on these counts, which is reflected in the price appreciation."
Hindustan Times
24-05-2025
- Business
- Hindustan Times
Property prices rise in 48 cities in Q4 of FY25: NHB RESIDEX
New Delhi, May 24 (PTI) As many as 48 cities out of 50 registered an increase in property prices during the fourth quarter of 2024-25, according to data released by the National Housing Bank (NHB). Out of the 50 cities covered, two cities Howrah and Thiruvananthapuram registered a decline in property prices, the latest residential housing price index NHB RESIDEX said. The 50-city Housing Price Index (HPI), based on valuation prices of properties collected from banks and housing finance companies, recorded an annual increase of 7.5 per cent during the fourth quarter of 20224-25 compared to 5.1 per cent a year ago, it added. Eight key primary residential markets witnessed an appreciation in property prices during January-March 2025, it said. As per the Housing Price Index, published by the NHB, prices in Ahmedabad recorded a 6.1 per cent rise, Bengaluru (13.1 per cent), Chennai (9 per cent), Delhi (2.9 per cent), Hyderabad (4.8 per cent), Kolkata (9.6 per cent), Mumbai (5.9 per cent) and Pune (6.8 per cent). On a quarter-on-quarter basis, the 50-city index registered an expansion of 1.9 per cent in January-March 2025. The index has shown an increasing trend on the Q-o-Q basis since September 2021. Meanwhile, the interest rate on home loans moderated by 25 basis points in February 2025, when RBI reduced the repo rate by 25 basis points, the first rate cut in 5 years.
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Business Standard
24-05-2025
- Business
- Business Standard
Property prices rose in 48 of 50 cities in Q4 FY25: NHB RESIDEX data
Eight key primary residential markets witnessed an appreciation in property prices during January-March 2025 Press Trust of India New Delhi As many as 48 cities out of 50 registered an increase in property prices during the fourth quarter of 2024-25, according to data released by the National Housing Bank (NHB). Out of the 50 cities covered, two cities Howrah and Thiruvananthapuram registered a decline in property prices, the latest residential housing price index NHB RESIDEX said. The 50-city Housing Price Index (HPI), based on valuation prices of properties collected from banks and housing finance companies, recorded an annual increase of 7.5 per cent during the fourth quarter of 20224-25 compared to 5.1 per cent a year ago, it added. Eight key primary residential markets witnessed an appreciation in property prices during January-March 2025, it said. As per the Housing Price Index, published by the NHB, prices in Ahmedabad recorded a 6.1 per cent rise, Bengaluru (13.1 per cent), Chennai (9 per cent), Delhi (2.9 per cent), Hyderabad (4.8 per cent), Kolkata (9.6 per cent), Mumbai (5.9 per cent) and Pune (6.8 per cent). On a quarter-on-quarter basis, the 50-city index registered an expansion of 1.9 per cent in January-March 2025. The index has shown an increasing trend on the Q-o-Q basis since September 2021. Meanwhile, the interest rate on home loans moderated by 25 basis points in February 2025, when RBI reduced the repo rate by 25 basis points, the first rate cut in 5 years.
