First American Financial Reports July 2025 Home Price Index: Los Angeles Market Sees 0.3% Year-Over-Year Drop
First American Data & Analytics, a division of First American Financial Corporation, released its July 2025 Home Price Index $(HPI)$ report, revealing notable trends in the housing market. The report indicates a 0.3% decrease in home prices year-over-year in the Los Angeles-Long Beach-Glendale market. Month-over-month, there was a slight decline of 0.1% from June 2025 to July 2025. The report, utilizing a comprehensive repeat-sales methodology and data from over 46 million paired transactions, provides insights into national, state, and metropolitan levels. In terms of price tiers, Pittsburgh saw significant year-over-year increases, with a 8.7% rise in the starter tier, 3.8% in the mid-tier, and 4.4% in the luxury tier. Overall, Pittsburgh's HPI increased by 4.9%, followed by New York at 4.4% and Cambridge, Mass. at 3.9%. However, some areas like Oakland, Calif. and Tampa, Fla. experienced decreases in their HPI, with Oakland seeing a notable 5.8% drop. The report underscores varying trends across different regions and tiers, reflecting the dynamic nature of the housing market. The next HPI release is scheduled for the week of September 15, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First American Financial Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250814007007) on August 14, 2025, and is solely responsible for the information contained therein.
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