1053 ET - U.S. home prices ticked up 0.1% month-over-month in December, Redfin says, following a 0.2% gain in November. Prices rose 2.2% from a year earlier, down from November's 2.6% year-over-year increase and in line with the gradual slowdown that began in early 2025, when prices were rising more than 6% annually. Home-price growth slowed to close out 2025 because would-be homebuyers continued their months-long pullback. Relatively high mortgage rates and widespread economic uncertainty have discouraged people from buying in recent months. But prices are still rising because prospective home sellers have been pulling back, too. Homebuying affordability is expected to improve in 2026. Falling mortgage rates have already substantially strengthened purchasing power for homebuyers, whose typical monthly payment fell to the lowest level in two years in early January. (chris.wack@wsj.com)

(END) Dow Jones Newswires

January 20, 2026 10:53 ET (15:53 GMT)

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