Home price appreciation remained subdued in early 2026, according to the latest data from both FHFA and S&P Cotality Case-Shiller. The two reports show prices still edging higher nationally, but with momentum slowing further as affordability constraints and elevated mortgage rates continue to weigh on the market. FHFA’s seasonally adjusted House Price Index was unchanged in February from the prior month, following an upwardly revised 0.2% gain in January . On an annual basis, prices were up 1.7% versus February 2025, slightly below the pace seen in prior months and consistent with a cooling appreciation trend. Regional FHFA data showed continued divergence across the country. Monthly price changes ranged from -1.1% in the Mountain division to +0.6% in the South Atlantic division. Over the past year, appreciation ranged from -0.7% in the Mountain region to +4.2% in the Middle Atlantic, highlighting a growing split between softer Western markets and firmer Northeastern areas. The S&P Cotality Case-Shiller U.S. National Home Price Index posted a 0.7% year-over-year gain in February, down from 0.8% previously and marking another step lower in annual appreciation. The 10-City Composite rose 1.5% , while the 20-City Composite increased 0.9% , both slowing from January readings. MND NewsWireRead More