Houtan HormozianExpert on Real Estate, Finance and PropTech

Rates Shift, Buyers React Quick Market Insight

20 Jan 2026 · 1 min

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1:28

In this brief market commentary, the speaker highlights several recent U.S. economic and housing trends. New home prices fell to a four‑year low in October 2025, with the median price at $392,300, an 8% year‑over‑year decline. Existing‑home sales finished 2025 strong, rising 5.1% in December and posting a median price of $405,400, up 0.4% from the prior year. Following a recent dip in mortgage rates, applications for new home loans rose 16% week‑over‑week and were 13% higher than a year ago, while refinancing applications jumped 40% in the same period. Consumer inflation remained steady in December but stayed above the Federal Reserve’s target, keeping affordability pressures. Wholesale inflation was lower than expected in November yet remained elevated, suggesting consumer inflation may persist. Retail sales grew in November at the fastest pace since July, indicating continued Q4 economic momentum. The video ends with a call for comments, likes, and further engagement.

Chapters

Here's your quick market insight. In October 2025, the U.S. Census Bureau reported that new home prices fell to a 4-year low. The median price reached $392,300, which is 8% lower than October 2024. Sales of existing homes finished 2025 strong, rising 5.1% in December. The median price for these homes was $405,400, up 0.4% compared to December 2024. According to the National Association of Realtors, or NAR. After mortgage rates dropped last week, applications for new home loans went up 16% for the week and were 13% higher than a year ago. Refinancing applications jumped 40% during the same week. Consumer inflation, which measures how much prices are rising for everyday goods, stayed steady in December and remained above the Fed's target, continuing to make it harder for many Americans to afford items. Wholesale inflation, tracking price changes for businesses before goods reach stores, was lower than expected in November but still high, hinting that consumer inflation may not drop soon. Retail sales, the total spending at stores, grew in November at the fastest pace since July, showing that the economy kept a strong growth rate in the 4th quarter. 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.