所有20个城市的房价都出现了两位数的年度增长。分城市来看，10月凤凰城的房价上涨了32%，坦帕、佛罗里达和迈阿密紧随其后，涨幅分别为28%和26%，明尼阿波利斯和芝加哥的增幅最小，均为11.5%。
The S & P CoreLogic Case-Shiller house price index released on Tuesday showsHouse prices in 20 US cities rose 18.4 per cent in October, down from 19.1 per cent in September, the third month in a row that house price growth slowed.
Boosted by downward mortgage interest rates, limited supply and growing demand, US house prices soared after the COVID-19 epidemic. Competition for limited housing in the market has kept US house prices at record highs. The 20-city house price index hit an all-time high in July after rising for the 13th month in a row.
House prices in all 20 cities have seen double-digit annual growth. From a city-by-city point of viewHouse prices in Phoenix rose 32% in October, followed by Tampa, Florida and Miami, with increases of 28% and 26%, respectively.Minneapolis and Chicago had the smallest increases, both 11.5 per cent.
Nationwide, the national house price index rose 19.1% year-on-year in October and 19.7% in September, the second consecutive monthly slowdown.
Another house price indicator released by the Federal Housing Finance Bureau on Tuesday showed that house prices rose 17.4% in October from a year earlier.
Data released last week showed that existing home sales in the US rose three times in November, with median house prices rising to $353900, 13.9 per cent higher than in November 2020, amid strong demand and tight supply.
At the beginning of the new school year, there are usually fewer families buying houses. Tight inventories and the behavior of a large number of investors in the real estate market have kept house prices high. While yields are falling, house prices are unlikely to fall as sharply as they did during the 2008 financial crisis. The fundamentals of supply and demand still support high house prices.
At present, it is widely expected that more homeowners will put their homes up for sale in the coming months, which will help ease inventory shortages. However, the overall demand is still strong, which indicates that the price rise has substantially eased, and there may still be some way to go.
Craig Lazzara, managing director of the Standard & Poor's Dow Jones Index, said:
House prices in the United States have risen sharply, but the pace is slowing.The increase in October was lower than in September, which was lower than in August. The 19.1% increase in October was the fourth highest in our 34-year statistics.
We have previously said that the strength of the US housing market is partly due to changes in geographical preferences as families respond to the COVID-19 epidemic.More data is needed to know whether this surge in demand overdraws possible purchases in the next few years or reflects more lasting long-term changes.
Zerohedge, a financial blog, commented that house prices are still rising faster than in the last real estate bubble.The rise in house prices seemed to have peaked before the Fed began to scale back QE and turn to hawkish positions.
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