National single-family home prices rose modestly by 0.3% year over year and 0.4% from March, showing a stabilizing housing market with slower gains. Some high-priced markets like Florida and New York saw declines, while Midwest and Northeast metros, including San Francisco, experienced strong growth. Affordability challenges persist, especially for rate-sensitive buyers. Home-price growth is expected to accelerate modestly, with some markets at risk of future declines.
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