Pending Home Sales

Market Cools in September as Pending Home Sales Dip

October 28th, 2021
Despite a late summer rebound, pending home sales dipped again in September, according to the newest report from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings,...

Pending Home Sales Rebounded in October

November 29th, 2021
Pending home sales increased in October, rebounding from September’s decline, according to the National Association of REALTORS® (NAR). Overall, contract activity increased monthly in each of the four major U.S. regions. However, on a yearly basis, two regions (West and...

Year-End Outlook: Buzzing Home Sales Activity Poised for a Change in 2022

December 21st, 2021
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and showcases expert insights on what’s to come in 2022.  Home sales have shined over the past two years since the...

Pending Home Sales Retract in November

December 29th, 2021
Pending home sales contracted in November following a mid-season rebound in contract signings the prior month, according to the newest report from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales...

Pending Home Sales Slip in February Amid Persisting Inventory and Affordability Crunch

March 25th, 2022
Despite a strong demand in the housing market, persisting inventory constraints weighed down contract signings in February, marking the fourth consecutive month of declines, according to recent data from the National Association of REALTORS® (NAR). NAR’s Pending Home Sales Index...

Pending Home Sales See Modest Increase in May

June 27th, 2022
As the 2022 housing market continues its transition from the frenzy of the past year, recent data from the National Association of REALTORS® (NAR) shows that contract signings, which have been on a downward trend since the start of the...

Pending Home Sales Dip in Every Region in June

July 27th, 2022
New data from the National Association of REALTORS® (NAR) shows that contract signings decreased in June, following a slight rebound in May, providing further evidence that the 2022 housing market is beginning to cool. NAR’s Pending Home Sales Index (PHSI),...

Contracts Flicker in June, but Pending Sales Still Underwhelm Year-Over-Year

July 30th, 2018
With an 0.9 percent gain month-over-month, June pending sales slightly sparked, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI)—but, on an annual basis, contracts still underwhelmed, down 2.5 percent. From May to June, activity increased...

Pending Home Sales Stumble as Housing Market Momentum Wanes

August 29th, 2018
Pending home sales stepped back in July and have now fallen on an annual basis for seven straight months, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, decreased 0.7...

Pending Home Sales Slip, Trampled by West

September 27th, 2018
For the housing market, gaining ground is proving to be a struggle. On an annual basis—and for the eighth month in a row—pending home sales slipped, according to the August National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). Activity...
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