AI Data Insight
The US FHFA House Price Index dropped to 450.5 in July 2026, continuing its decline from 451.6 in the previous month and marking a three-month losing streak. Although some official seasonally adjusted data still show a slight increase, the given physical data has already taken the lead in reflecting the severe impact of mortgage rates over 7% on buying sentiment. Institutions expect housing market momentum to weaken further in the future.