Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

Case-Shiller: U.S. Home Prices Saw Largest Deceleration in Over Three Decades in August 

U.S. home prices in August decreased 0.9% on an adjusted basis compared with July but were up 13% compared with August 2021, according to the Case-Shiller U.S. National Home Price NSA Index.

The index’s 10-city and 20-city composites both posted month-over-month decreases of 1.3%.

Year-over-year, the 10-city composite increased 12.1%, down from 14.9% in the previous month, while the 20-city composite posted a 13.1% gain, down from 16.0% in the previous month, showing the