S&P Dow Jones Indices released the August 2025 S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, reporting a 1.5% annual gain. This marks a deceleration from the 1.6% rise reported in the previous month and represents the weakest annual gain in over two years. The report highlights that housing wealth has been eroding in real terms for four consecutive months when measured against inflation. The data indicated broad weakness across the housing market, with 19 of the 20 major metropolitan areas showing month-over-month price declines. Chicago was the only metro area to post a gain. This widespread decline beyond typical seasonal patterns suggests a continuing slowdown in the U.S. housing market. No significant market reaction for SPGI stock was noted in the available reports.