CSUSHPINSA · as of 2026-08-01
Case-Shiller National
S&P CoreLogic Case-Shiller U.S. National Home Price Index
View on FRED · CSUSHPINSA ↗336.74
yoy
▲ 2.09%
121 obs · monthly · index── 1y ago 329.84
What it is
National price trajectory. Says whether "prices are flat/falling/rising" is actually true.
- source
- FRED
- frequency
- monthly
- units
- index
- s.a.
- no
Note: Released with ~2-month lag. Indexed to Jan 2000 = 100.
What it’s telling us · as of 2026-08-01
Case-Shiller National sits at 336.7, up 2.09% year-over-year — a deceleration from the 3-4% annual gains you saw in 2023-24, but still putting prices above a year ago. The trajectory since January is choppy but flatlined; the index has oscillated in a narrow band rather than trending decisively in either direction. For investors, the signal is that national price momentum has downshifted into something closer to low single-digit appreciation, which tightens cap-rate math and means you're pricing deals on the assumption that the 2021-22 asset-inflation cycle is over.
⟡ auto-generated weekly · claude-haiku-4-5 · reviewed before publish
Related metrics
Get the data
Python · fredapi
"""
Case-Shiller National — National price trajectory. Says whether "prices are flat/falling/rising" is actually true.
Freq: monthly · Source: FRED
"""
from fredapi import Fred
fred = Fred(api_key="YOUR_FRED_API_KEY")
series = fred.get_series("CSUSHPINSA")
print(series.tail())LLM prompt
You are analyzing FRED series CSUSHPINSA — S&P CoreLogic Case-Shiller U.S. National Home Price Index. Context: National price trajectory. Says whether "prices are flat/falling/rising" is actually true. Attributes - Units: index - Frequency: monthly - Source: FRED Latest observation: 336.74 as of 2026-08-01 Year-over-year change: +2.09% Analyze this metric for a tech-forward real estate investor with 1–3 properties. What is it signaling right now? What should I watch next?