US Home Price Gains Continue to Ease

US home prices ↑~0.3% MoM on a seasonally adjusted basis in Mid-Q3, extending gains while easing slightly from the prior two months.
Yearly, US prices ↑~4%, the fastest growth pace in 12 mo, showing values kept climbing nationwide even as monthly momentum cooled recently.
Mid-Q3 brought the strongest buyer's market on record, as elevated housing costs and economic uncertainty kept demand subdued while homes for sale continued rising.
Even with softer monthly readings, prices were not falling nationally because many homeowners held substantial equity and faced little pressure to accept steep discounts.
For buyers, slower growth meant room to wait, compare, and negotiate; for sellers, realistic pricing from the start offered a better chance to attract attention.