The rate of increase in housing prices in the US continues to decline.

While the pressure on housing prices continues in the U.S., according to the S&P CoreLogic Case-Shiller National Home Price Index, the annual increase in home prices was only 1.5 percent in August. The recent slowdown in the pace of price increases stands out as a notable development in the markets.

S&P Dow Jones Indices released index data reflecting home prices in the country's 20 major metropolitan areas, shedding light on trends in the housing market. These data have had a significant impact on the psychology of homebuyers, particularly in light of rising costs and interest rates in recent years.

Behind the slowing price increases lies a decrease in household purchases and a slowdown in housing demand. The 1.5 percent increase shows a marked decline compared to August 2022, causing investors and homebuyers to reconsider market dynamics.

Finally, another factor capturing investors' attention is the increase in mortgage interest rates. This situation directly affects the purchasing power of many potential buyers, creating uncertainty about the future course of home prices. High interest rates not only weaken housing demand but can also lead current homeowners to postpone their selling decisions.

In summary, this stagnation in the U.S. housing market exerts pressure on home prices, potentially increasing the likelihood of future price fluctuations. Analysts emphasize that these developments should be monitored carefully, especially in conjunction with macroeconomic variables such as economic growth and inflation.