English News Brief
Summary
Existing home sales in October showed modest improvement, rising 1.2% from September and 1.7% year-over-year to 4.1 million units. This was supported by a temporary dip in mortgage rates, but affordability remains a challenge. Home prices continued to climb, marking the 28th consecutive month of annual gains, while inventory tightened and homes stayed on the market longer.
Key Points
- Sales Volume: October existing home sales rose to 4.1 million (seasonally adjusted annual rate), up 1.2% from September and 1.7% from a year ago.
- Home Prices: The median sold price was $415,200, a 2.1% annual increase.
- Market Pace: Homes remained on the market for an average of 34 days, up from 29 days a year earlier.
- Mortgage Rates: Rates fluctuated, starting August at 6.63%, falling to 6.13% by mid-September, and rising to 6.37% by month’s end. The current rate is 6.36%.
- Inventory & Supply: Housing supply fell to 1.52 million units, down 0.7% monthly but up 11% yearly. This represents a 4.4-month supply at the current sales pace.
- First-Time Buyers: Comprised 32% of sales, up from 27% a year ago, with regional variations due to supply and affordability.
- Market Segments: High-end homes (over $1M) saw sales surge over 16% annually, while affordable homes (under $100K) experienced a nearly 3% sales drop.
中文新闻简报
总结
十月份成屋销售略有改善，经季节性调整后年化销量为410万套，环比增长1.2%，同比增长1.7%。这主要得益于夏季末抵押贷款利率的短暂下降，但住房 affordability 问题依然存在。房价持续上涨，库存收紧，房屋在市场上停留的时间更长。
关键点
- 销售量：十月份成屋销售环比增长1.2%，同比增长1.7%，达到410万套（经季节性调整的年化数据）。
- 房屋价格：售出房屋的中位价为415,200美元，同比上涨2.1%。
- 市场节奏：房屋在市场上平均停留34天，高于去年十月的29天。
- 抵押贷款利率：利率出现波动，8月初为6.63%，9月中旬降至6.13%，9月底回升至6.37%。目前利率为6.36%。
- 库存与供应：待售房屋库存降至152万套，环比下降0.7%，但同比仍增长近11%。按当前销售速度计算，有4.4个月的供应量。
- 首次购房者：占销售额的32%，高于一年前的27%，但各地区情况因供应和房价而异。
- 市场细分：高价房（超过100万美元）销售额同比增长超过16%，而低价房（低于10万美元）销售额下降近3%。
Original Article Link: https://www.cnbc.com/2025/11/20/october-existing-home-sales-supply.html