智通财经网·2025-06-25 15:51Group 1 - In May, new single-family home sales in the U.S. fell sharply by 13.7% month-over-month, totaling 623,000 units, significantly below the market expectation of 695,000 units [1] - Year-over-year, the sales figure decreased by 6.3%, falling short of the average sales of 671,000 units over the past six months and 676,000 units over the past year [1] - The data reflects buyers' actual ordering intentions in May, with rising mortgage rates severely impacting housing affordability [1] Group 2 - Lennar's co-CEO indicated that the macroeconomic environment remains challenging, with high mortgage rates and various uncertainties dampening consumer confidence, leading to weakened demand [2] - Different strategies among builders are evident, with Lennar lowering home prices in response to reduced demand, while KB Home has raised prices, reflecting regional market differences [2] - Despite weak sales, the median price of new homes in May was $426,600, a 3% increase from the previous year [2] Group 3 - The inventory of new single-family homes has accumulated rapidly, with 507,000 units available for sale by the end of May, resulting in a supply level of 9.8 months, the highest since the Fed began raising interest rates in 2022 [2] - This inventory level has increased by 15% compared to the same period in 2024 and is among the most abundant supply phases since the 2009 financial crisis, only briefly reaching similar levels in the summer of 2022 [2]