Home prices up annually but monthly gains continue to ease

August brought a 0.25% rise in US home prices, marking annual growth at 3.7%—the quickest pace we've seen in a year. Even as monthly increases have eased, prices continue to hold steady, thanks to strong equity positions and robust activity in the luxury segment, despite more homes on the market and quieter demand. In the Willamette Valley, these trends echo what I see with clients: a market that remains resilient, with opportunities for both buyers and sellers. As someone committed to guiding clients through Salem, Aumsville, and beyond, I keep a close eye on these shifts to help you make informed decisions.