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Lance Lambert, industry influencer, reports that U.S. single-family home prices, tracked by the Freddie Mac House Price Index, increased by 0.69% from February 2026 to March 2026.
However, after adjusting for seasonality, this represents a 0.07% month-over-month decline. Year-over-year, home prices rose by 0.7%, marking the weakest annual growth since April 2012.
Lambert has previously provided detailed monthly analysis of housing market inventory across over 800 metropolitan areas and 25,000 ZIP codes. He has also reported that major U.S. housing markets recently faced a negative demand shock following slower migration trends. These prior data points inform the context around the recently reported weak price growth.