US single-family home prices backed by Fannie Mae and Freddie Mac rose 0.3% in July 2026 from June, exceeding market expectations for a 0.1% increase after prices were unchanged the previous month. Prices increased 2.6% from a year earlier, marking the strongest annual gain in nearly one year. Across the nine census divisions, monthly changes ranged from a 0.8% decline in the Mountain division to a 1.5% increase in the Middle Atlantic division, while 12-month gains ranged from 0.6% to 6.3%.