Houtan HormozianExpert on Real Estate, Finance and PropTech

October Housing Market Update Sales Up, Inventory Down

25 Nov 2025 · 1 min

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1:04

In this concise market briefing, the speaker reports that existing home sales in October rose 1.7% year‑over‑year while homes stayed on the market slightly longer, averaging 34 days. Inventory slipped to a 4.4‑month supply, representing about 1.52 million homes, after a brief rebound. The median sale price reached $415,200, a 2.1% increase from the prior year and marking the 28th consecutive month of annual price growth. The update also references the September jobs report, which showed the strongest job gains since April and a rise in the unemployment rate to 4.4%—the highest since October 2021—driven by increased labor‑force participation. Fed October meeting notes reveal a split among officials regarding the timing of interest‑rate cuts and whether inflation or the labor market poses the greater risk. The video ends with a call for comments, likes, and further engagement.

Chapters

Here's your quick market insight. In October, existing home sales were 1.7% higher than a year ago. Homes are selling a bit slower, though, staying on the market for an average of 34 days. After some earlier gains, inventory fell again to a 4.4-month supply, or 1.52 million homes. The median price for a home sold in October was $415,200, up 2.1% from last year. That's the 28th month in a row of annual price growth. The September jobs report, finally released after almost those 7 weeks showed stronger-than-expected job growth, the biggest increase since April. The unemployment rate rose to 4.4%, the highest since October 2021, mainly because more people entered the workforce. The Fed's October meeting notes show officials are divided on the next steps for rate cuts and whether inflation or the labor market is the bigger worry. Thoughts on this update? Comment below. Give us a like, tag a friend, and let's keep the conversation going. Message us here or visit our website.