US home prices in April 2026 rose 0.2% month-over-month, nearing last May's peak, with annual growth flat at 0.0% for the eighth month. Regional disparities persist, with Midwestern and Northeastern markets showing gains, while many Sunbelt areas decline. Chicago led with a 4.4% annual increase, while Austin and Houston saw drops over 4%. Housing affordability improved for six consecutive years but is now challenged by rising mortgage rates.
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