US 10-City Case-Shiller House Price Index (SA)
US 10-City Case-Shiller House Price Index (SA) stood at 368.98 in Jul 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the House prices table (Value · Monthly), with a complete series running from Jan 1987 to Jul 2026. The complete series with an interactive chart, free to download.
This indicator in the House prices table
| Indicator | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Case-Shiller — SA | |||||||||||
| 10-City Composite | 368.98 | 367.5 | 366.13 | 364.72 | 364.45 | 364.39 | 364.01 | 363.05 | 361.28 | 359.31 | |
| 20-City Composite | 345.58 | 344.48 | 343.57 | 342.73 | 342.69 | 343.03 | 343.04 | 342.31 | 340.76 | 339.08 |
Understanding US 10-City Case-Shiller House Price Index (SA)
House prices in the ten-city group are tracked through price differentials across successive transfers of the same single-family home, adjusted to reduce the impact of annual purchasing seasons. Consequently, the series focuses more on underlying price momentum rather than shifts in the types of houses appearing on the market. It differs from the unadjusted version in its seasonal treatment, from the twenty-city composite in the number of participating markets, and from the national series in geographic coverage.
Month-on-month changes can be used to observe short-term turning points, though multiple consecutive periods should be reviewed due to uneven transaction volumes and registration timelines. The index does not specify the exact price a buyer must pay, nor does it fully represent new homes or condominiums. When compared with the national index, discrepancies may stem from regional composition rather than errors. Recent estimates and seasonal factors are subject to update.
Frequently asked questions
- Why might metropolitan baskets increase faster than the national index?
- Cities within the basket have different supply, demand, and weighting compared to the rest of the market, so price velocities do not necessarily match.
- Does the adjusted series still experience winter effects?
- Typical repeating effects have been reduced, but unusual weather can still impact transactions.
- Does a single monthly decline signal a market reversal?
- Not necessarily. Multiple periods should be reviewed alongside buying and selling activity before drawing conclusions.