10/06/2026
National Home Values Keep Rising
National home prices rose 0.1% from June to July, according to Case-Shiller, bringing the gain from March through July to nearly 3%. That's a resilient pace of growth, especially as mortgage rates began rising during the period. Overall, home prices are up 1.9% from a year ago.
A separate report from the Federal Housing Finance Agency (FHFA) found that seasonally adjusted home prices rose 0.3% in July. Prices for homes backed by conventional loans were up 2.6% from a year ago.
What's the bottom line?
Even modest home price gains can add up over time. For example, a $500,000 home appreciating 3% in a year would gain roughly $15,000 in value. Over time, that appreciation can become a meaningful part of a homeowner's overall wealth.
Thank you for the information
Michelle DeTour EastBank Mortgage
Office # 503-708-3881
Cell # 503-708-3881
East Bank Mortgage