U.S. foreclosure activity edged higher in October, extending a months-long climb as rising borrowing costs and cooling home-price growth continue to pressure a small but growing share of homeowners.
According to the latest Cotality Home Price Index, U.S. home price growth slowed to its weakest pace in nearly two years in September 2025, as rising housing inventory and cooling demand weighed on values across much of the country.
Single-family rent prices across the U.S. edged up just 1.4% in August 2025 compared with a year earlier, marking the slowest annual growth in more than 15 years, according to Cotality's latest Single-Family Rent Index (SFRI). This pace is less than half the 3% increase recorded in the same month a year ago.
Foreclosure activity in the U.S. continued its upward climb in the third quarter of 2025, suggesting that pockets of borrower distress may be emerging.