Texas Housing Shows Signs of Recovery

In Q2 2026, US home prices kept climbing nominally, while one federal index stayed flat MoM from Mid-Q2 to Late-Q2 after seasonal adjustment.
A national index showed yearly appreciation near ~1.5% in Late-Q2, up from ~1% in Mid-Q2, but still ~2 points below inflation near ~3.5%.
After adjusting for inflation, home values fell in real terms for a 13th straight month, though lower inflation and firmer nominal gains slowed erosion.
One federal measure has logged positive annual appreciation every quarter since Early-Q1 2012, showing that nominal prices have stayed resilient despite real-value pressure.
Heading into the year's second half, affordability stayed the central issue after typical monthly payments on existing single-family homes rose quarterly, squeezing first-time buyers.