U.S. house price growth slowed modestly in February 2026, with the House Price Index rising 1.7% year-over-year, down from a 1.8% annual increase recorded in January 2026. The latest data, updated on 28 April 2026, indicate a slight easing in the pace of home price appreciation compared with the same period a year earlier.
On a year-over-year basis, both the January and February readings compare the respective months in 2026 to their counterparts in 2025. The step down from 1.8% to 1.7% suggests a gradual cooling rather than an abrupt shift, pointing to a housing market where price pressures remain present but appear to be stabilizing. Investors and policymakers will be watching upcoming releases to gauge whether this softening in annual price growth continues in the months ahead.
