美国11月份二手房销售微升，房价涨势放缓和按揭利率回落对买家带来一定提振。 根据美国全国地产经纪商协会（NAR）周五公布的数据，上月二手房成交量小幅增长0.5%，至折年率 413万套。这是自2月份以来的最高水平，但未经调整的成交量同比下降7%。 与此同时，售价中值同比上涨1.2%，达到409，200美元。这是自2023年年中以来最弱涨幅之一。 "由于今年秋季抵押贷款利率下降，二手房销售已连续第三个月上升，"NAR首席经济学家Lawrence Yun 在声明中表示，"然而，库存增长开始停滞。" 11月，市场上在售的二手房供应量环比降至143万套，近几个月来基本持平。Yun表示，这是因为卖方 并不急于出售，而是选择下架房源，等到春季销售旺季再重新挂牌。按当前销售速度计算，库存相当于 4.2个月的供应量，为3月份以来最弱。 销售状况的改善显示二手房市场正在逐步回升，许多分析师预计这一趋势将持续到2026年。房价涨幅正 在放缓，部分城市甚至出现下跌，而按揭利率已稳定在6.3%至6.4%区间，低于5月份时接近7%的水平。 NAR预计明年销售将增长14%，高于多数其他预测，但Yun表示他对这一数字"充满信心"。 责任编辑 ...

Yun指出，工资增速目前快于房价涨幅，有助于改善住房可负担性，但他同时警告称，若住房供应无法 跟上需求增长，未来住房可负担性仍可能面临新的压力。 美国全国房地产经纪人协会首席经济学家Lawrence Yun表示，房源增长正开始停滞。"房主在冬季并不 急于挂牌出售房屋。" 与此同时，挂牌出售的房屋也出现了更高比例的撤牌现象。虽然进入冬季后卖家通常会将未售出的房源 暂时撤出市场，今年这一趋势明显更为强烈。 房源减少继续对房价形成支撑。数据显示，11月成屋销售中位价为40.92万美元，同比上涨1.2%，并创 下历年11月新高。不过，由于中位数指标容易受成交结构影响，当前市场呈现出明显分化：低价房销售 持续承压，高端市场相对坚挺。其中，售价在10万至25万美元区间的房屋销量同比下降近8%，而售价 超过100万美元的房屋销量则同比增长1.4%。 在房价高企、按揭利率长期维持高位以及房源供应再度趋紧的多重压力下，美国潜在购房者正面临更为 严峻的购房环境，二手房市场复苏动能依然有限。 美国全国房地产经纪人协会(NAR)周五公布的数据显示，11月美国成屋销售环比仅增长0.5%，但同比仍 下降1%，经季节调整后的年化销售量为4 ...

Core Insights - The article highlights a significant increase in foreign purchases of second-hand homes in the U.S., particularly by Chinese buyers, who account for 15% of these transactions. The median purchase price for Chinese buyers is $759,600, which is 90% higher than the national median price of $403,100 [2][10]. Group 1: Foreign Purchases Overview - Foreign purchases of second-hand homes in the U.S. surged by 40% year-on-year, reaching 78,100 units, marking the highest growth rate in 15 years [3]. - Despite the increase, foreign buyers represent only 2% of total second-hand home sales in the U.S. [3]. - The median price of second-hand homes in the U.S. is $422,400, which has increased by 40% compared to four years ago [5]. Group 2: Chinese Buyers' Behavior - Chinese buyers are the largest group among foreign purchasers, with a median purchase price significantly higher than the national average [9][10]. - Approximately 70% of Chinese buyers purchase homes in cash, avoiding loans [10]. - The motivations for Chinese buyers include obtaining permanent residency visas and providing housing for children studying in the U.S. [9]. Group 3: Market Dynamics and Regulations - The high home prices and elevated mortgage rates have made it increasingly difficult for average American buyers to purchase homes, creating opportunities for wealthy foreign buyers [5][8]. - As of August 20, 2023, 54 state-level bills restricting foreign ownership of real estate have been passed across 30 states in the U.S. [11]. - In 2025 alone, 133 bills aimed at limiting foreign real estate purchases have been proposed, indicating a growing trend towards regulation in this area [13].