Annual House Price Growth Nears Return to Historical Norms Nationally —Supply and Demand Dynamics Favor Ongoing House Price Slowdown, Even as Mortgage Rates Fall, 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 August 2024 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.