The average price of single-family homes with mortgages backed by Fannie Mae and Freddie Mac in the United States fell by 0.2% in June 2025, compared with market expectations of a flat reading. On a yearly basis, home prices rose 2.6%, easing from a 2.9% gain in June. For the second quarter of 2025, prices were up 2.9% compared to the same period in 2024 and remained unchanged from the previous quarter. All nine U.S. census divisions posted year-over-year gains. The Middle Atlantic division saw the strongest growth, with a 6.7% increase, while the Pacific division had the weakest, at 0.9%.