House Price Appreciation by State and Metro Area in the Second Quarter of 2026

U.S. house prices rose 2.1% annually in Q2 2026, slightly up from 1.9% in Q1, despite high borrowing costs and affordability issues. Most states (47 of 50) saw gains, led by Alaska (8.3%) and Vermont (7.3%), while New Mexico (-1.2%) and Washington (-0.9%) declined. Among 100 largest metros, 75 had annual gains; Elgin, IL led with 7.7%, while Everett, WA fell 3.7%. Quarterly changes showed more volatility.