March Case-Shiller US Home Price Index Rises Faster Than in Previous Month

BY MT Newswires | ECONOMIC | 09:00 AM EDT

09:00 AM EDT, 05/26/2026 (MT Newswires) -- The Case-Shiller National Home Price index rose by 0.7% in March before seasonal adjustment following a 0.3% increase in February.

National home prices were up 0.7% year-over-year, down from 0.8% in February.

The 10-city index rose by 1.2% in the month, while the 20-city index was up 1%.

National home prices were down 0.2% month-over-month in February after seasonal adjustment, with the 10-city measure unchanged and the 20-city measure 0.2% lower. A survey compiled by Bloomberg as of 7:30 am ET expected the 20-city index to decrease by 0.1%.

"More than half of the 20 major U.S. housing markets recorded year-over-year price declines in March, reflecting a broadening and deepening housing slowdown," said Nicholas Godec, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.

The monthly home price index report from S&P CoreLogic Case-Shiller measures single-family home prices across the US with a two-month lag, broken down by city, with combined measures of the 10 and 20 largest cities and a national index. Case-Shiller reports percentage gains both from the previous month and a year earlier.

Higher home prices are inflationary and are usually negative for bonds. The possible outcome for housing-related stocks is mixed, as higher prices suggest strong demand, but prices that are accelerating too fast can also deter potential buyers.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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