Core Insights - The U.S. housing market is experiencing a slowdown in price growth, with the S&P CoreLogic Case-Shiller index showing a year-over-year increase of 1.9% in June, the lowest growth rate since summer 2023, down from 2.3% in May [1] - The data reflects the weakest spring home-buying season in 13 years, driven by high home prices and mortgage rates that have suppressed demand, forcing sellers in many areas to offer discounts and incentives to attract buyers [1] - Nicholas Goldke, head of commodities at S&P Dow Jones Indices, noted that the June data continues to indicate a decisive turning point in the real estate market [1] Price Trends - Despite the seemingly modest 1.9% annual growth rate, home prices had previously declined in the first half of the year, with a recent 2.5% rebound over the last six months offsetting earlier losses, suggesting a potential market turning point in early 2025 [1] - New York leads the 20-city index with a 7% year-over-year increase, followed by Chicago at 6.1% and Cleveland at 4.5% [1] - In contrast, cities that were popular during the pandemic, such as Phoenix, Tampa, and Dallas, are facing continued pressure on home prices, with Tampa experiencing the largest decline at 2.4% year-over-year [1] Market Dynamics - The backlog of housing inventory in certain regions has compelled sellers to use discounts and incentives to attract buyers, which has contributed to the nationwide slowdown in price growth [1] - Competitive conditions remain intense in hotspot areas like New York, despite the overall national trend of declining price growth [1]
美国6月房价涨幅连续第五个月收窄 同比仅升1.9%创2023年新低
Zhi Tong Cai Jing·2025-08-26 14:21