First American HPI shows U.S. home prices rise 1.4% y/y in August 2026

• First American Financial published an August 2026 Home Price Index showing U.S. home prices up 1.4% year over year.
• Monthly gains stayed muted, with the index up 0.2% from July.
• Annual appreciation remained below the 3.4% pre-pandemic long-term average for a 17th straight month.
• Higher mortgage rates constrained demand, while rate lock-in limited listings, keeping supply and demand in a stalemate.
• Regional split widened: Chicago rose 5.5%, while Dallas fell 5.0%, signaling a rebalancing in several Sun Belt markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First American Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202609280900BIZWIRE_USPR_____20260928_BW060998) on September 28, 2026, and is solely responsible for the information contained therein.