‘The Big Money Show’ discusses why millions of American homeowners aren’t selling.
I housing market has slowed this winter as the annual pace of home price growth rose to levels not seen since the nation’s recovery from the Great Depression. And while some areas continue to see strong price growth, others have seen significant declines.
New data from Cotality, a data analytics and technology company in the real estate, mortgage and insurance industries, shows that annual housing. price growth it fell to 0.9% in December, which was one of the softest rates since the recovery from the Great Depression.
“We are seeing a significant slowdown in the rapid increases of recent years; although upward pressure on prices remains, the momentum has eased enough to suggest the market is easing for buyers,” said Cotality Chief Economist Selma Hepp.
HOME BUYERS GET HIGH HAND IN 3 BIG CITIES AS THEY GROW
Home prices fell in several key areas across the South and West, particularly in areas that had seen rapid growth as immigration trends moderated and property prices rose.
Workers build homes in the master-planned community of Bridgeland in Cypress, Texas, Nov. 10, 2025. (Brett Coomer/Houston Chronicle via Getty Images)
Cotality’s report found that the area’s worst housing market was Kahului-Wailuku, Hawaii, with prices down 8% in December year-over-year.
I The Lone Star State had a pair of top ten places, Victoria, Texas, down 7.4% and Wichita Falls, Texas, down 7.2%.
Napa, Californiahad the largest decline among West Coast locations, with prices down 7.1%.
THE ‘POISON PILL’ AND THE DIGITAL SECRETS THAT POWER THE SOLAR CONDO’S ENERGY
In Florida had five communities represented in the top ten areas with the highest price declines, led by Naples (-6.8%), Punta Gorda and Cape Coral (-6.2% each), North Port (-5.9%) and Sebastian (-5.2%).
Rome, Georgia, rounded out the top 10 with a 5.2% year-over-year price drop.
The hottest housing market identified in the Cotality report was Youngstown, Ohio, which saw prices rise 15.9% last year.
THESE COUNTRIES ARE CONSIDERING ELIMINATING PROPERTY TAXES ON HOMEOWNERS.
Four of the hottest markets were in Indiana, led by national runner-up Terre Haute at 11.4%. Other Hoosier State the largest municipalities with significant price increases were Columbus and Muncie, with gains of 10.2% each, and Kokomo’s increase of 8.8%.
Illinois was home to one of the fastest growing housing markets, with prices in Decatur up 10.5% and Peoria 8.9%.
Naples, Fla., was one of the 10 communities with the largest home price declines. (Lisette Morales McCabe/Bloomberg via Getty Images)
Two other markets in the Midwest and the Plains were in the top 10 hottest markets, with prices up 8.7% in Manhattan, Kansas, and 8.5% Traverse City, Michigan.
The hottest housing market in the South was Hattiesburg, Mississippi, where prices rose 8.4% last year.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“As we move into 2026, the trajectory of the market will depend a lot on the growth of wages and how quickly consumers regain the purchasing power needed to meet the price limits of sellers. At the moment, the data of Cotality shows that the housing area is still finding its place, but it is finally stable after a long period of imbalance,” said Hepp.
Fox News Digital’s Amanda Macias contributed to this report.
