Houtan HormozianExpert on Real Estate, Finance and PropTech

Rates Drop, Buyers Return! Housing Market Comeback 2025

28 Oct 2025 · 1 min

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This content was created by Houtan Hormozian. This content was uploaded by Houtan Hormozian. This is a YouTube video titled "Rates Drop, Buyers Return! Housing Market Comeback 2025" (uploaded 2025-10-28). It contains an English-market update delivered by a single host (SPEAKER A) summarizing recent housing data: lower mortgage rates driving buyer activity, a 1.5% rise in existing home sales to a 7-month high, median home price up 2.1% to $415,200, inventory at 4.6 months, purchase applications down 0.3% for the week but up ~20% year‑over‑year, and refinance applications up 4% weekly and 81% year‑over‑year. The update also notes a government shutdown pausing economic reports, market expectations for Fed rate cuts, and a National Retail Federation holiday spending forecast (~$890 per person). The clip ends with a viewer call-to-action to comment, like, and visit the website.

Chapters

Here's your quick market insight. Lower mortgage rates encouraged more buyers to jump back into the market in September. Existing home sales rose 1.5%, hitting a 7-month high. The median home price increased 2.1% from last year to $415,200. Housing inventory also grew to 4.6 months compared to 4.2 months a year ago. Purchase applications slipped 0.3% for the week but were still 20% higher than the same time last year. Meanwhile, refinance applications rose 4% for the week and were up 81% year over year. The ongoing government shutdown has paused important economic reports, leaving the Federal Reserve and markets without new data. Despite that, markets still expect the Fed to cut interest rates at next week's meeting, with investors also predicting a 3rd rate cut by December. This holiday season, consumers plan to spend an average of $890 per person, slightly less than $902 in 2024, according to a National Retail Federation survey. 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.