Market Newsdesk

Klaviyo Introduces an AI Shopping Assistant to Power Personalized Shopping at Scale

Klaviyo’s Conversational AI Agent brings the intelligence, convenience, and personal attention of a top in-store associate to online storefronts

BOSTON–(BUSINESS WIRE)–
Klaviyo (NYSE: KVYO), the only CRM built for consumer brands, is rewriting the rules of what the typical online customer experience looks like with the public beta of Klaviyo Service – a disruptive suite of AI-powered tools that puts AI shopping agents, real-time customer data, and seamless service experiences within reach of every brand, not just retail giants.

Klaviyo’s Conversational AI Agent helps brands of all sizes deliver personalized, always-on support using real-time session context, storefront knowledge, and marketing insights, all powered by the Klaviyo Data Platform (KDP).

The launch comes on the heels of Prime Day, where millions of shoppers turned to Amazon’s AI assistant, Rufus, for real-time answers, product guidance, and order support, furthering the new standard for what modern consumers expect.

Klaviyo’s 2025 Online Shopping Report* reveals just how deeply these expectations run:

• When online shopping, 62% of respondents would prefer that AI remember their preferences rather than having to re-explain them to a salesperson

• 46% would rather share their shopping history with AI for recommendations than with their partner

• More than half (53%) would rather chat with an AI agent for help than email a customer service representative

Built into Customer Hub, Klaviyo’s Conversational AI Agent is quickly trained with the data on a brand’s storefront – including its product catalog and FAQs. It guides shoppers from discovery to purchase by answering common questions, recommending products, and removing friction at every step.

“Consumers are increasingly comfortable shopping with AI,” said Grant Deken, Head of Product, Klaviyo Service. “But until now, only the biggest players could afford to build AI shopping assistants that drive purchases, not just answer simple questions. With Klaviyo’s Conversational AI Agent and the rest of our Service suite, we’re giving every brand the ability to offer self-serve experiences that feel as helpful as your best in-store associate.”

Klaviyo’s Conversational AI Agent features include:

• Driving revenue, not just deflection: Recommends products, suggests cross-sells, and guides shoppers to complete their purchase using order data.

• Personalized by default: Trained on a brand’s product catalog, policies, and FAQs. Responds in the brand’s voice and tailors every answer to each shopper.

• Answers instantly, 24/7: From sizing and product questions to shipping and order status, the AI Agent responds in seconds and hands off with full context when needed.

• Works from day one: Automatically ingests a brand’s storefront, product catalog, help content, and more. With no development work required, users can go live in minutes.

• Built on the Klaviyo Data Platform: Combines real-time shopping behavior, past purchases, engagement history, and marketing context to personalize every interaction.

• Coming soon: Later this year, the AI Agent will be able to process returns, update subscriptions, and edit shipping details. It’s also expanding to new channels like WhatsApp, RCS, SMS, and email—for seamless support wherever your customers are.

A Unified Experience for Marketing + Service

The Conversational AI Agent is just one part of the Klaviyo Service suite of products, designed to bring marketing and service together on one platform.

As part of the broader Klaviyo Service beta, brands also gain access to:

• Customer Hub: A branded on-site destination where shoppers can track orders, view returns, and access personalized recommendations.
• Helpdesk: A centralized workspace where service teams share a real-time view of every customer, every order, and every conversation. Teams can resolve issues faster, while also bringing service insights to marketing teams—such as pausing promotions when a customer has an unresolved ticket.

“We didn’t buy or bolt on Klaviyo Service, we built it from the ground up with the Klaviyo Data Platform at its core,” said Adil Wali, Chief Product Officer at Klaviyo. “Processing over 2 billion daily interactions across more than 7 billion profiles, that foundation gives brands a real-time, fully connected view of every customer across both marketing and service, making it possible to deliver faster, smarter support that actually drives growth.”

”As B2C brands look to drive more revenue from every customer touchpoint, unifying marketing and service is becoming a clear strategic advantage,” said Roger Beharry Lall, Research Director at IDC. “Bringing these traditionally siloed functions together allows teams to deliver more personalized, connected experiences—and turn support interactions into opportunities for growth.”

Klaviyo customers can join the public beta starting today.

*Klaviyo surveyed 2,000 consumers across the US, UK, Australia, and New Zealand as part of its 2025 Online Shopping Report.

About Klaviyo

Klaviyo (NYSE: KVYO) is the only CRM built for B2C brands. Powered by its built-in data platform and AI insights, Klaviyo combines marketing automation, analytics, and customer service into one unified solution, making it easy for businesses to know their customers and grow faster. Klaviyo (CLAY-vee-oh) helps relationship-driven brands like Mattel, Glossier, Core Power Yoga, Daily Harvest and 169,000+ others deliver 1:1 experiences at scale, improve efficiency, and drive revenue.

Source: Klaviyo, Inc.

Tag: IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715579311/en/

Amy Hufft

[email protected]

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Software Marketing Artificial Intelligence Data Management Communications Technology Online Retail Retail

MEDIA:

Logo

Houston-The Woodlands-Sugar Land Home Prices Up 1.8% Year Over Year in June, According to First American Data & Analytics Monthly Home Price Index Report

Nationally, the Great House Price Slowdown Continued in June

—Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market, says Chief Economist Mark Fleming—

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its June 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.

June1Home Price Index
Houston-The Woodlands-Sugar Land Market
Metric	Change in HPI
May 2025-June 2025 (month over month)	-1.0 percent
June 2024-June 2025 (year over year)	+1.8 percent
National HPI
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.1 percent
June 2024-June 2025 (year over year)	+1.7 percent

Chief Economist National HPI Analysis:

“The great house price slowdown continues with seven consecutive months of annual price deceleration,” said Mark Fleming, chief economist at First American. “As inventory builds in certain parts of the country, price cuts serve as a way to entice buyers. Meanwhile, demand still grapples with the weight of affordability constraints. These trends have led to a national house price slowdown—a clear signal that the market is shifting back toward buyers after being so firmly in sellers’ favor during the pandemic years. Yet, it’s important to remember that many potential sellers—especially those who purchased their homes during the pandemic or earlier—continue to benefit from positive, albeit slower, price appreciation. Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market.”

Year-Over-Year Price-Tier Data for the Houston-The Woodlands-Sugar Land Metro Area: June 2024 to June 2025

The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.

CBSA	Starter	Mid-Tier	Luxury
Houston-The Woodlands-Sugar Land	+0.9%	+3.1%	+3.6%

“The national affordability crunch hits potential first-time homebuyers the hardest since they can’t bring cash from an existing home sale to the closing table,” said Fleming. “These first-time buyers typically target the starter home price tier, and in June, prices at this level declined in 14 of the top 30 markets we track. The largest annual declines were in traditionally more expensive markets such as Denver, as well as in relatively more affordable markets like Orlando, Fla. It’s likely that lower prices in these areas will provide buyers a much-needed opportunity to enter the market.”

June 2025 First American Data & Analytics Price Tier HPI Highlights2
Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Decreases in Starter Tier HPI
CBSA	Change in Starter Tier HPI	Change in Mid-Tier HPI	Change in Luxury Tier HPI
Oakland, Calif.	-6.4 percent	-9.8 percent	-3.5 percent
Phoenix	-4.7 percent	-2.8 percent	0.0 percent
Orlando, Fla.	-4.6 percent	-1.8 percent	+1.0 percent
Denver	-4.3 percent	-1.0 percent	-0.7 percent
Austin, Texas	-3.6 percent	+2.1 percent	+0.1 percent

Additional June 2025 First American Data & Analytics HPI Highlights
Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI
CBSA	Change in HPI
Cincinnati	+5.0 percent
Cambridge, Mass.	+4.5 percent
Pittsburgh	+3.0 percent
St. Louis	+2.9 percent
Warren, Mich.	+2.8 percent
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decrease in HPI
Oakland, Calif.	-6.4 percent
Tampa, Fla.	-3.4 percent
Phoenix	-2.4 percent
Orlando, Fla.	-2.1 percent
Fort Worth, Texas	-1.9 percent

HPI data for all 50 states and the largest 30 CBSAs by population is available here.

Visit the First American Economic Center for more research on housing market dynamics.

Next Release

The next release of the First American Data & Analytics House Price Index will take place the week of August 18, 2025.

First American Data & Analytics HPI Methodology

The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.

The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.

Disclaimer

Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

¹ The most recent index results are subject to revision as data from more transactions become available.

² Note: Nassau-County-Suffolk County, NY is excluded from this month’s report due to data disruptions. Cincinnati is included in this month’s report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715351356/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

KEYWORDS: United States North America California Texas

INDUSTRY KEYWORDS: Software Construction & Property Data Analytics Finance Professional Services Technology Fintech Residential Building & Real Estate

MEDIA:

Logo

Los Angeles-Long Beach-Glendale Home Prices Down 1.3% Year Over Year in June, According to First American Data & Analytics Monthly Home Price Index Report

Nationally, the Great House Price Slowdown Continued in June

—Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market, says Chief Economist Mark Fleming—

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its June 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.

June¹Home Price Index

Los Angeles-Long Beach-Glendale Market
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.6 percent
June 2024-June 2025 (year over year)	-1.3 percent
National HPI
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.1 percent
June 2024-June 2025 (year over year)	+1.7 percent

Chief Economist National HPI Analysis:

“The great house price slowdown continues with seven consecutive months of annual price deceleration,” said Mark Fleming, chief economist at First American. “As inventory builds in certain parts of the country, price cuts serve as a way to entice buyers. Meanwhile, demand still grapples with the weight of affordability constraints. These trends have led to a national house price slowdown—a clear signal that the market is shifting back toward buyers after being so firmly in sellers’ favor during the pandemic years. Yet, it’s important to remember that many potential sellers—especially those who purchased their homes during the pandemic or earlier—continue to benefit from positive, albeit slower, price appreciation. Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market.”

Year-Over-Year Price-Tier Data for the Los Angeles-Long Beach-Glendale Metro Area: June 2024 to June 2025

The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.

CBSA	Starter	Mid-Tier	Luxury
Los Angeles-Long Beach-Glendale	-0.1%	-0.2%	-0.4%

“The national affordability crunch hits potential first-time homebuyers the hardest since they can’t bring cash from an existing home sale to the closing table,” said Fleming. “These first-time buyers typically target the starter home price tier, and in June, prices at this level declined in 14 of the top 30 markets we track. The largest annual declines were in traditionally more expensive markets such as Denver, as well as in relatively more affordable markets like Orlando, Fla. It’s likely that lower prices in these areas will provide buyers a much-needed opportunity to enter the market.”

June 2025 First American Data & Analytics Price Tier HPI Highlights²

Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Decreases in Starter Tier HPI
CBSA	Change in Starter Tier HPI	Change in Mid-Tier HPI	Change in Luxury Tier HPI
Oakland, Calif.	-6.4 percent	-9.8 percent	-3.5 percent
Phoenix	-4.7 percent	-2.8 percent	0.0 percent
Orlando, Fla.	-4.6 percent	-1.8 percent	+1.0 percent
Denver	-4.3 percent	-1.0 percent	-0.7 percent
Austin, Texas	-3.6 percent	+2.1 percent	+0.1 percent

Additional June 2025 First American Data & Analytics HPI Highlights

Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI
CBSA	Change in HPI
Cincinnati	+5.0 percent
Cambridge, Mass.	+4.5 percent
Pittsburgh	+3.0 percent
St. Louis	+2.9 percent
Warren, Mich.	+2.8 percent
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decrease in HPI
Oakland, Calif.	-6.4 percent
Tampa, Fla.	-3.4 percent
Phoenix	-2.4 percent
Orlando, Fla.	-2.1 percent
Fort Worth, Texas	-1.9 percent

HPI data for all 50 states and the largest 30 CBSAs by population is available here.

Visit the First American Economic Center for more research on housing market dynamics.

Next Release

The next release of the First American Data & Analytics House Price Index will take place the week of August 18, 2025.

First American Data & Analytics HPI Methodology

The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.

The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.

Disclaimer

Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

¹ The most recent index results are subject to revision as data from more transactions become available.

² Note: Nassau-County-Suffolk County, NY is excluded from this month’s report due to data disruptions. Cincinnati is included in this month’s report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715185518/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Finance Data Analytics Professional Services Residential Building & Real Estate Construction & Property

MEDIA:

Logo

San Diego-Chula Vista-Carlsbad Home Prices Down 0.6% Year Over Year in June, According to First American Data & Analytics Monthly Home Price Index Report

Nationally, the Great House Price Slowdown Continued in June

—Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market, says Chief Economist Mark Fleming—

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its June 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.

June1Home Price Index
San Diego-Chula Vista-Carlsbad Market
Metric	Change in HPI
May 2025-June 2025 (month over month)	0.0 percent
June 2024-June 2025 (year over year)	-0.6 percent
National HPI
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.1 percent
June 2024-June 2025 (year over year)	+1.7 percent

Chief Economist National HPI Analysis:

“The great house price slowdown continues with seven consecutive months of annual price deceleration,” said Mark Fleming, chief economist at First American. “As inventory builds in certain parts of the country, price cuts serve as a way to entice buyers. Meanwhile, demand still grapples with the weight of affordability constraints. These trends have led to a national house price slowdown—a clear signal that the market is shifting back toward buyers after being so firmly in sellers’ favor during the pandemic years. Yet, it’s important to remember that many potential sellers—especially those who purchased their homes during the pandemic or earlier—continue to benefit from positive, albeit slower, price appreciation. Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market.”

Year-Over-Year Price-Tier Data for the San Diego-Chula Vista-Carlsbad Metro Area: June 2024 to June 2025

The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.

CBSA	Starter	Mid-Tier	Luxury
San Diego-Chula Vista-Carlsbad	+0.1%	-1.4%	+0.4%

“The national affordability crunch hits potential first-time homebuyers the hardest since they can’t bring cash from an existing home sale to the closing table,” said Fleming. “These first-time buyers typically target the starter home price tier, and in June, prices at this level declined in 14 of the top 30 markets we track. The largest annual declines were in traditionally more expensive markets such as Denver, as well as in relatively more affordable markets like Orlando, Fla. It’s likely that lower prices in these areas will provide buyers a much-needed opportunity to enter the market.”

June 2025 First American Data & Analytics Price Tier HPI Highlights2
Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Decreases in Starter Tier HPI
CBSA	Change in Starter Tier HPI	Change in Mid-Tier HPI	Change in Luxury Tier HPI
Oakland, Calif.	-6.4 percent	-9.8 percent	-3.5 percent
Phoenix	-4.7 percent	-2.8 percent	0.0 percent
Orlando, Fla.	-4.6 percent	-1.8 percent	+1.0 percent
Denver	-4.3 percent	-1.0 percent	-0.7 percent
Austin, Texas	-3.6 percent	+2.1 percent	+0.1 percent

Additional June 2025 First American Data & Analytics HPI Highlights
Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI
CBSA	Change in HPI
Cincinnati	+5.0 percent
Cambridge, Mass.	+4.5 percent
Pittsburgh	+3.0 percent
St. Louis	+2.9 percent
Warren, Mich.	+2.8 percent
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decrease in HPI
Oakland, Calif.	-6.4 percent
Tampa, Fla.	-3.4 percent
Phoenix	-2.4 percent
Orlando, Fla.	-2.1 percent
Fort Worth, Texas	-1.9 percent

HPI data for all 50 states and the largest 30 CBSAs by population is available here.

Visit the First American Economic Center for more research on housing market dynamics.

Next Release

The next release of the First American Data & Analytics House Price Index will take place the week of August 18, 2025.

First American Data & Analytics HPI Methodology

The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.

The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.

Disclaimer

Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

¹ The most recent index results are subject to revision as data from more transactions become available.

² Note: Nassau-County-Suffolk County, NY is excluded from this month’s report due to data disruptions. Cincinnati is included in this month’s report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715630215/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Construction & Property Data Analytics Finance Professional Services Technology Fintech Residential Building & Real Estate

MEDIA:

Logo

Wrangler and Genesco Sign Multiyear Licensing Agreement

–Agreement Will Expand Wrangler’s Presence in the Footwear Market and Expand Genesco’s Portfolio of Licensed Brands–

GREENSBORO, N.C.–(BUSINESS WIRE)–
Wrangler, the legendary denim and lifestyle brand, and Genesco (NYSE: GCO), a footwear industry leader with a portfolio of owned and licensed lifestyle brands and more than 1,250 retail stores, have signed a new multiyear licensing agreement for Genesco to design, source and market men’s, women’s and children’s footwear under the Wrangler brand.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250715020534/en/

The agreement between Wrangler and Genesco is a strategic move for both companies, designed to support Wrangler’s growth and development as a cross-category lifestyle brand and leverage and build on Genesco’s extensive branded footwear expertise. Wrangler seeks to expand its reach and accessibility, resonating with a broader audience looking for style and functionality across both apparel and footwear.

The initial collection will feature a blend of classic Wrangler inspired designs and more trend-driven styles. With Wrangler’s signature rugged look and Genesco’s track record for innovation and success, the partnership promises to deliver fresh and distinctive designs to the market.

“We are thrilled to partner with Genesco, an industry leader with a proven track record of successfully interpreting brands and bringing compelling footwear to market,” said Steve Armus, Vice President of Licensing and Collaborations at Wrangler. “This licensing agreement represents a promising opportunity to introduce Wrangler footwear to a wide audience. We believe this partnership will strengthen our brand presence and allow more consumers to experience the quality and heritage of Wrangler in an exciting new product category.”

“Partnering with Wrangler presents a meaningful opportunity to accelerate growth in our Genesco Brands Group portfolio,” said Rick Higgins, President of Genesco Brands Group. “We’re excited to leverage our know-how to build a footwear assortment that honors Wrangler’s legacy of adventure, new frontiers and craftsmanship. From everyday workwear to casual lifestyle to Western-inspired silhouettes, we see significant potential to blend rugged authenticity with unique styling, storytelling, innovation and comfort.”

The first Wrangler footwear collection under the licensing agreement is expected to launch in Fall 2026.

About Wrangler®

Wrangler®, of Kontoor Brands (NYSE: KTB), has been an icon in authentic American style for 75 years. With a rich legacy rooted in the Western lifestyle, Wrangler is committed to offering superior quality and timeless design. Its collections for men, women, and children look and feel great, inspiring all those who wear them to be strong and ready for everyday life. Wrangler is available in retail stores worldwide, including flagship stores in Fort Worth and Greensboro, department stores, mass-market retailers, specialty shops, top western outfitters, and online. For more information, visit Wrangler.com.

About Genesco Inc.

Genesco Inc. (NYSE: GCO) is a footwear focused company with distinctively positioned retail and lifestyle brands and proven omnichannel capabilities offering customers the footwear they desire in engaging shopping environments, including more than 1,250 retail stores and branded e-commerce websites. Its Journeys, Little Burgundy and Schuh brands serve teens, kids and young adults with on-trend fashion footwear inspired by youth culture in the U.S., Canada and the U.K. Johnston & Murphy serves the successful, affluent men and women with premium footwear, apparel and accessories in the U.S. and Canada, and Genesco Brands Group sells branded lifestyle footwear to leading retailers under licensed brands including Dockers, Starter and PONY. Founded in 1924, Genesco is based in Nashville, Tennessee. For more information on Genesco and its operating divisions, please visit www.genesco.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715020534/en/

Media Contacts:

Ashley Lutzker

AMP3 Public Relations

[email protected]

607-279-4617

Claire S. McCall

Genesco Inc.

[email protected]

615-308-2483 (cell)

KEYWORDS: United States North America North Carolina

INDUSTRY KEYWORDS: Women Children Other Retail Men Specialty Fashion Consumer Footwear Retail

MEDIA:

Logo

Logo

Dallas-Plano-Irving Home Prices Down 1.2% Year Over Year in June, According to First American Data & Analytics Monthly Home Price Index Report

Nationally, the Great House Price Slowdown Continued in June

—Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market, says Chief Economist Mark Fleming—

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its June 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.

June¹Home Price Index

Dallas-Plano-Irving Market
Metric	Change in HPI
May 2025-June 2025 (month over month)	-1.2 percent
June 2024-June 2025 (year over year)	-1.2 percent
National HPI
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.1 percent
June 2024-June 2025 (year over year)	+1.7 percent

Chief Economist National HPI Analysis:

“The great house price slowdown continues with seven consecutive months of annual price deceleration,” said Mark Fleming, chief economist at First American. “As inventory builds in certain parts of the country, price cuts serve as a way to entice buyers. Meanwhile, demand still grapples with the weight of affordability constraints. These trends have led to a national house price slowdown—a clear signal that the market is shifting back toward buyers after being so firmly in sellers’ favor during the pandemic years. Yet, it’s important to remember that many potential sellers—especially those who purchased their homes during the pandemic or earlier—continue to benefit from positive, albeit slower, price appreciation. Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market.”

Year-Over-Year Price-Tier Data for the Dallas-Plano-Irving Metro Area: June 2024 to June 2025

The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.

CBSA	Starter	Mid-Tier	Luxury
Dallas-Plano-Irving	+0.5%	-0.4%	-1.6%

“The national affordability crunch hits potential first-time homebuyers the hardest since they can’t bring cash from an existing home sale to the closing table,” said Fleming. “These first-time buyers typically target the starter home price tier, and in June, prices at this level declined in 14 of the top 30 markets we track. The largest annual declines were in traditionally more expensive markets such as Denver, as well as in relatively more affordable markets like Orlando, Fla. It’s likely that lower prices in these areas will provide buyers a much-needed opportunity to enter the market.”

June 2025 First American Data & Analytics Price Tier HPI Highlights²

Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Decreases in Starter Tier HPI
CBSA	Change in Starter Tier HPI	Change in Mid-Tier HPI	Change in Luxury Tier HPI
Oakland, Calif.	-6.4 percent	-9.8 percent	-3.5 percent
Phoenix	-4.7 percent	-2.8 percent	0.0 percent
Orlando, Fla.	-4.6 percent	-1.8 percent	+1.0 percent
Denver	-4.3 percent	-1.0 percent	-0.7 percent
Austin, Texas	-3.6 percent	+2.1 percent	+0.1 percent

Additional June 2025 First American Data & Analytics HPI Highlights

Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI
CBSA	Change in HPI
Cincinnati	+5.0 percent
Cambridge, Mass.	+4.5 percent
Pittsburgh	+3.0 percent
St. Louis	+2.9 percent
Warren, Mich.	+2.8 percent
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decrease in HPI
Oakland, Calif.	-6.4 percent
Tampa, Fla.	-3.4 percent
Phoenix	-2.4 percent
Orlando, Fla.	-2.1 percent
Fort Worth, Texas	-1.9 percent

HPI data for all 50 states and the largest 30 CBSAs by population is available here.

Visit the First American Economic Center for more research on housing market dynamics.

Next Release

The next release of the First American Data & Analytics House Price Index will take place the week of August 18, 2025.

First American Data & Analytics HPI Methodology

The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.

The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.

Disclaimer

Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

¹ The most recent index results are subject to revision as data from more transactions become available.

² Note: Nassau-County-Suffolk County, NY is excluded from this month’s report due to data disruptions. Cincinnati is included in this month’s report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715150212/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

KEYWORDS: California Texas United States North America

INDUSTRY KEYWORDS: Finance Data Analytics Professional Services Residential Building & Real Estate Construction & Property

MEDIA:

Logo

Majority of Americans feel unprepared for shifting financial concerns, Equitable survey finds

NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced new findings from its quarterly survey of 1,000 consumers to help better understand the latest financial trends that are top of mind for Americans.

The survey revealed that only 42% of Americans feel prepared to navigate shifting financial challenges, including potentially higher costs from tariffs, market volatility and lingering recession concerns. As a result, more than two-thirds of respondents worry the unpredictable economic environment could derail their financial goals. However, the picture changes dramatically with professional guidance — nearly six in 10 respondents who work with a financial advisor say they feel prepared to manage evolving economic concerns, compared to just 30% without one.

Amid ongoing economic uncertainty, Americans are rethinking how they spend, save and invest. The survey found that approximately half plan to cut discretionary spending, boost savings and adjust their investment portfolios. Notably, those working with a financial advisor are far more likely to adjust their financial portfolio — 54% say they plan to make changes to their investments or product mix, compared to just 36% of survey respondents without a financial professional.

“Americans are navigating a financial fog — concerns about tariffs, geopolitical uncertainty, market volatility and lingering recession fears have left many second-guessing their next move toward a secure financial future,” said Nick Lane, President of Equitable. “However, one thing is clear: in today’s constantly shifting macroeconomic environment, working with a trusted financial professional can help individuals get answers, build a plan and move forward with confidence. In fact, our survey found that those working with a financial advisor feel twice as prepared to manage today’s financial concerns as those without one.”

Given the benefits of professional guidance, 80% of survey respondents who work with a financial advisor turn to their advisor first for advice — followed by financial news outlets (37%) and friends and family (33%). In contrast, those without an advisor rely primarily on friends and family (57%), then financial news outlets (32%) and social media platforms like TikTok and Instagram (25%) for financial guidance.

The survey also revealed that most Americans are interested in solutions that offer some level of protection in today’s uncertain market. The survey found that nearly two-thirds of respondents investing in the stock market are willing to trade the potential for higher returns for protection against market losses.

“With so much uncertainty and recent market whiplash, it’s understandable that clients have questions and concerns. They want clarity — wondering if it’s time to adjust their investment portfolio, consider new strategies or rethink their financial plan,” said Jody D’Agostini, CFP®, financial advisor at Equitable Advisors. “We encourage clients to stick with a plan that reflects their personal goals and risk tolerance — not the headlines of the day.”

About the survey

Equitable’s consumer finance survey was conducted by an independent, global consumer and B2B panel provider. Respondents include 1,000 U.S. adults (ages 18 and older), with the total survey population representative of U.S. demographic data. The online survey was fielded May 13 – 21, 2025. Survey participation was anonymous.

About Equitable

Equitable, a principal franchise of Equitable Holdings, Inc. (NYSE: EQH), has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. Equitable has more than 8,000 employees and Equitable Advisors financial professionals and serves 3 million clients across the country. Please visit equitable.com for more information. Reference to the 1859 founding applies specifically and exclusively to Equitable Financial Life Insurance Company.

“Advisor” is used to generally describe insurance/annuity, investment sales, and advisory professionals who may be licensed as insurance agents, registered with broker-dealers, and registered as investment advisory representatives of registered investment advisors, respectively.

Duly registered and licensed Equitable Advisors associates offer securities through Equitable Advisors, LLC (NY, NY 212-314-4600), member FINRA, SIPC (Equitable Financial Advisors in MI & TN), offer investment advisory products and services through Equitable Advisors, LLC, an SEC-registered investment advisor, and offer annuities and insurance through Equitable Network, LLC (Equitable Network Insurance Agency of California, LLC; Equitable Network Insurance Agency of Utah, LLC; Equitable Network of Puerto Rico, Inc.).

Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY); Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company with an administrative office located in Charlotte, NC, issuers of variable and registered index-linked annuities; and Equitable Distributors, LLC. The obligations of Equitable America and Equitable Financial are backed solely by their respective claims-paying abilities. GE- 8152032.1 (07/25) (exp.07/35)

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715889147/en/

Media Contact

Bill Sutton

(315) 373-9685

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Finance Consulting Professional Services Asset Management Insurance

MEDIA:

Logo

New York-Jersey City-White Plains Home Prices Up 2.7% Year Over Year in June, According to First American Data & Analytics Monthly Home Price Index Report

Nationally, the Great House Price Slowdown Continued in June

—Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market, says Chief Economist Mark Fleming—

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its June 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.

June¹Home Price Index

New York-Jersey City-White Plains Market
Metric	Change in HPI
May 2025-June 2025 (month over month)	-2.3 percent
June 2024-June 2025 (year over year)	+2.7 percent
National HPI
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.1 percent
June 2024-June 2025 (year over year)	+1.7 percent

Chief Economist National HPI Analysis:

“The great house price slowdown continues with seven consecutive months of annual price deceleration,” said Mark Fleming, chief economist at First American. “As inventory builds in certain parts of the country, price cuts serve as a way to entice buyers. Meanwhile, demand still grapples with the weight of affordability constraints. These trends have led to a national house price slowdown—a clear signal that the market is shifting back toward buyers after being so firmly in sellers’ favor during the pandemic years. Yet, it’s important to remember that many potential sellers—especially those who purchased their homes during the pandemic or earlier—continue to benefit from positive, albeit slower, price appreciation. Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market.”

Year-Over-Year Price-Tier Data for the New York-Jersey City-White Plains Metro Area: June 2024 to June 2025

The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.

CBSA	Starter	Mid-Tier	Luxury
New York-Jersey City-White Plains	+2.1%	-0.2%	+7.4%

“The national affordability crunch hits potential first-time homebuyers the hardest since they can’t bring cash from an existing home sale to the closing table,” said Fleming. “These first-time buyers typically target the starter home price tier, and in June, prices at this level declined in 14 of the top 30 markets we track. The largest annual declines were in traditionally more expensive markets such as Denver, as well as in relatively more affordable markets like Orlando, Fla. It’s likely that lower prices in these areas will provide buyers a much-needed opportunity to enter the market.”

June 2025 First American Data & Analytics Price Tier HPI Highlights²

Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Decreases in Starter Tier HPI
CBSA	Change in Starter Tier HPI	Change in Mid-Tier HPI	Change in Luxury Tier HPI
Oakland, Calif.	-6.4 percent	-9.8 percent	-3.5 percent
Phoenix	-4.7 percent	-2.8 percent	0.0 percent
Orlando, Fla.	-4.6 percent	-1.8 percent	+1.0 percent
Denver	-4.3 percent	-1.0 percent	-0.7 percent
Austin, Texas	-3.6 percent	+2.1 percent	+0.1 percent

Additional June 2025 First American Data & Analytics HPI Highlights

Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI
CBSA	Change in HPI
Cincinnati	+5.0 percent
Cambridge, Mass.	+4.5 percent
Pittsburgh	+3.0 percent
St. Louis	+2.9 percent
Warren, Mich.	+2.8 percent
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decrease in HPI
Oakland, Calif.	-6.4 percent
Tampa, Fla.	-3.4 percent
Phoenix	-2.4 percent
Orlando, Fla.	-2.1 percent
Fort Worth, Texas	-1.9 percent

HPI data for all 50 states and the largest 30 CBSAs by population is available here.

Visit the First American Economic Center for more research on housing market dynamics.

Next Release

The next release of the First American Data & Analytics House Price Index will take place the week of August 18, 2025.

First American Data & Analytics HPI Methodology

The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.

The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.

Disclaimer

Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

¹ The most recent index results are subject to revision as data from more transactions become available.

² Note: Nassau-County-Suffolk County, NY is excluded from this month’s report due to data disruptions. Cincinnati is included in this month’s report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715966344/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

KEYWORDS: United States North America California New York

INDUSTRY KEYWORDS: Finance Data Analytics Professional Services Residential Building & Real Estate Construction & Property

MEDIA:

Logo

Atlanta-Sandy Springs-Alpharetta Home Prices Down 0.2% Year Over Year in June, According to First American Data & Analytics Monthly Home Price Index Report

Nationally, the Great House Price Slowdown Continued in June

—Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market, says Chief Economist Mark Fleming—

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (NYSE: FAF), today released its June 2025 Home Price Index (HPI) report. The report tracks home price changes less than four weeks behind real time at the national, state and metropolitan (Core-Based Statistical Area) levels and includes metropolitan price tiers that segment sale transactions into starter, mid and luxury tiers. The full report can be found here.

June¹Home Price Index

Atlanta-Sandy Springs-Alpharetta Market
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.8 percent
June 2024-June 2025 (year over year)	-0.2 percent
National HPI
Metric	Change in HPI
May 2025-June 2025 (month over month)	-0.1 percent
June 2024-June 2025 (year over year)	+1.7 percent

Chief Economist National HPI Analysis:

“The great house price slowdown continues with seven consecutive months of annual price deceleration,” said Mark Fleming, chief economist at First American. “As inventory builds in certain parts of the country, price cuts serve as a way to entice buyers. Meanwhile, demand still grapples with the weight of affordability constraints. These trends have led to a national house price slowdown—a clear signal that the market is shifting back toward buyers after being so firmly in sellers’ favor during the pandemic years. Yet, it’s important to remember that many potential sellers—especially those who purchased their homes during the pandemic or earlier—continue to benefit from positive, albeit slower, price appreciation. Price growth that’s not too hot and not too cold may be just the ‘Goldilocks’ scenario needed to restore balance to the housing market.”

Year-Over-Year Price-Tier Data for the Atlanta-Sandy Springs-Alpharetta Metro Area: June 2024 to June 2025

The First American Data & Analytics HPI segments home price changes at the metropolitan level into three price tiers based on local market sales data: starter tier, which represents home sales prices at the bottom third of the market price distribution; mid-tier, which represents home sales prices in the middle third of the market price distribution; and the luxury tier, which represents home sales prices in the top third of the market price distribution.

CBSA	Starter	Mid-Tier	Luxury
Atlanta-Sandy Springs-Alpharetta	+0.6%	+1.3%	+2.7%

“The national affordability crunch hits potential first-time homebuyers the hardest since they can’t bring cash from an existing home sale to the closing table,” said Fleming. “These first-time buyers typically target the starter home price tier, and in June, prices at this level declined in 14 of the top 30 markets we track. The largest annual declines were in traditionally more expensive markets such as Denver, as well as in relatively more affordable markets like Orlando, Fla. It’s likely that lower prices in these areas will provide buyers a much-needed opportunity to enter the market.”

June 2025 First American Data & Analytics Price Tier HPI Highlights²

Core-Based Statistical Areas (CBSAs) Ranked by Greatest Year-Over-Year Decreases in Starter Tier HPI
CBSA	Change in Starter Tier HPI	Change in Mid-Tier HPI	Change in Luxury Tier HPI
Oakland, Calif.	-6.4 percent	-9.8 percent	-3.5 percent
Phoenix	-4.7 percent	-2.8 percent	0.0 percent
Orlando, Fla.	-4.6 percent	-1.8 percent	+1.0 percent
Denver	-4.3 percent	-1.0 percent	-0.7 percent
Austin, Texas	-3.6 percent	+2.1 percent	+0.1 percent

Additional June 2025 First American Data & Analytics HPI Highlights

Core-Based Statistical Areas (CBSAs) with Greatest Year-Over-Year Increases in HPI
CBSA	Change in HPI
Cincinnati	+5.0 percent
Cambridge, Mass.	+4.5 percent
Pittsburgh	+3.0 percent
St. Louis	+2.9 percent
Warren, Mich.	+2.8 percent
Core-Based Statistical Areas (CBSAs) with a Year-Over-Year Decrease in HPI
Oakland, Calif.	-6.4 percent
Tampa, Fla.	-3.4 percent
Phoenix	-2.4 percent
Orlando, Fla.	-2.1 percent
Fort Worth, Texas	-1.9 percent

HPI data for all 50 states and the largest 30 CBSAs by population is available here.

Visit the First American Economic Center for more research on housing market dynamics.

Next Release

The next release of the First American Data & Analytics House Price Index will take place the week of August 18, 2025.

First American Data & Analytics HPI Methodology

The First American Data & Analytics HPI report measures single-family home prices, including distressed sales, with indices updated monthly beginning in 1980 through the month of the current report. HPI data is provided at the national, state and CBSA levels and includes preliminary index estimates for the month prior to the report (i.e. the preliminary result of July transactions is reported in August). The most recent index results are subject to revision as data from more transactions become available.

The HPI uses a repeat-sales methodology, which measures price changes for the same property over time using more than 46 million paired transactions to generate the indices. In non-disclosure states, the HPI utilizes a combination of public sales records, MLS sold and active listings, and appraisal data to estimate house prices. This comprehensive approach is particularly effective in areas where there is limited availability of accurate sale prices, such as non-disclosure states. Property type, price and location data are used to create more refined market segment indices. Real Estate-Owned transactions are not included.

Disclaimer

Opinions, estimates, forecasts and other views contained in this page are those of First American’s Chief Economist, do not necessarily represent the views of First American or its management, should not be construed as indicating First American’s business prospects or expected results, and are subject to change without notice. Although the First American Economics team attempts to provide reliable, useful information, it does not guarantee that the information is accurate, current or suitable for any particular purpose. © 2025 by First American. Information from this page may be used with proper attribution.

About First American Data & Analytics

First American Data & Analytics, a division of First American Financial Corporation, is a national provider of property-centric information, risk management and valuation solutions. First American maintains and curates the industry’s largest property and ownership dataset that includes more than 8.6 billion document images. Its major platforms and products include: DataTree^®, FraudGuard^®, RegsData^®, First American TaxSource™ and ACI^®. Find out more about how First American Data & Analytics powers the real estate, mortgage and title settlement services industries with advanced decisioning solutions at www.FirstAmDNA.com.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.1 billion in 2024, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2025, First American was named one of the 100 Best Companies to Work For by Great Place to Work^® and Fortune Magazine for the tenth consecutive year. The company was named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year in 2024. More information about the company can be found at www.firstam.com.

¹ The most recent index results are subject to revision as data from more transactions become available.

² Note: Nassau-County-Suffolk County, NY is excluded from this month’s report due to data disruptions. Cincinnati is included in this month’s report.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715568558/en/

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

(714) 250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

(714) 250-5214

KEYWORDS: United States North America California Georgia

INDUSTRY KEYWORDS: Data Analytics Professional Services Residential Building & Real Estate Construction & Property Urban Planning

MEDIA:

Logo

TD SYNNEX Earns Top Score on the 2025 Disability Index

FREMONT, Calif. & CLEARWATER, Fla.–(BUSINESS WIRE)–
TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced that it has been recognized as a “Best Place to Work for Disability Inclusion” on the 2025 Disability Index in both Germany and the United States, recognizing its commitment to advancing disability inclusion and building a workplace where all employees can contribute and drive long-term success. The Disability Index is the world’s leading third-party benchmarking tool for evaluating corporate disability inclusion and is used by hundreds of companies globally.

“Creating an inclusive environment that encourages every co-worker to contribute their best is core to our values,” said Alim Dhanji, Chief Human Resources Officer at TD SYNNEX. “We are committed to increasing the employment and development opportunities for people with disabilities across our organization and this recognition demonstrates our intent to be a workplace where everyone can thrive. I’m proud to see our teams in Germany and the USA being recognized for their outstanding effort to make TD SYNNEX an inclusive employer.”

The Disability Index measures performance across six key areas, including Culture & Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, Supplier Inclusion, and Responsible Procurement. Companies earning a top score are recognized as a “Best Place to Work for Disability Inclusion.”

This recognition is the result of a multi-year journey fueled by passion, purpose, and the dedication of our people. Those cross-functional efforts included the creation of Limitless, a new Business Resource Group focused on disability and neurodiversity and an internal workstream dedicated to addressing gaps in accessibility across the organization.

For more information about TD SYNNEX’s disability inclusion efforts, visit https://careers.tdsynnex.com/us/en/disability-support.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on LinkedIn, Facebook and Instagram.

Copyright 2025 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

About the Disability Index®

The Disability Index® is the leading independent, third-party resource for the annual, confidential benchmarking of disability inclusion policies and programs in business. Now trusted by over 70% of the Fortune 100 and nearly half of the Fortune 500, the tool helps companies determine data-driven actions that can achieve tangible business impact.

For 2025, participation and scored benchmarks are open to companies operating in Brazil, Canada, Germany, India, Japan, the Philippines, The United States and the United Kingdom.

About Disability:IN

Disability:IN is the leading nonprofit resource for business disability inclusion worldwide. With the world’s leading companies as partners, Disability:IN drives progress through initiatives, tools, and expertise that deliver long-term business impact. Are You IN?

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715144749/en/

Emily Moseley

Global Corporate Communications

727-538-5864

[email protected]

KEYWORDS: United States North America California Florida

INDUSTRY KEYWORDS: Technology Professional Services DEI (Diversity, Equity and Inclusion) People with Disabilities Consumer Security Satellite Telecommunications Audio/Video Networks Internet Mobile/Wireless Hardware Human Resources Data Management Consumer Electronics Artificial Intelligence

MEDIA:

Logo