Home Prices Rose 3.4% YOY in March, Says Case-Shiller

Washington, DC, May 27, 2025-Home prices made a 3.4% annual return for March, down from a 4% annual gain in the previous month, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions. 

The Ten-City Composite saw an annual increase of 4.8%, down from a 5.2% annual increase in the previous month. The 20-City Composite posted a year-over-year increase of 4.1%, down from a 4.5% increase in the previous month. New York again reported the highest annual gain among the 20 cities with an 8% increase in March, followed by Chicago, Illinois and Cleveland, Ohio with annual increases of 6.5% and 5.9%, respectively. Tampa, Florida posted the lowest return, falling 2.2%.

The pre-seasonally adjusted U.S. National, 10-City Composite, and 20-City Composite Indices saw slight upward trends in March, posting gains of 0.8%, 1.2%, and 1.1%, respectively.

After seasonal adjustment, the U.S. National Index posted a decrease of -0.3%. The 10-City Composite Index recorded a 0.01% increase and the 20-City Composite Index presented a -0.1% decrease.