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Zillow Research

August Case-Shiller Forecast: Annual Home-Price Gains Aiming Higher

The Case-Shiller U.S. National Index is expected to continue its upward climb in August, gaining 6.0 percent year-over-year following a 5.9 percent increase in July.

The Case-Shiller U.S. National Index is expected to continue its upward climb in August, gaining 6.0 percent year-over-year following a 5.9 percent increase in July. The monthly gain is forecast at 0.4 percent, slightly below the 0.5 percent uptick in July.

The 10- and 20-city indices are expected to post annual gains of 5.3 percent and 5.9 percent, respectively — both climbing a hair faster than they did year-over-year in July. And both are forecast to post monthly gains of 0.3 percent in August.

Below is Zillow’s full forecast for August Case-Shiller data. These forecasts are based on today’s June Case-Shiller data release and the August 2017 Zillow Home Value Index. The August S&P CoreLogic Case-Shiller Indices will not be released officially until Tuesday, October 31.

August Case-Shiller Forecast: Annual Home-Price Gains Aiming Higher