10/29/2025
Pending home sales
Pending home sales held steady in September, matching the strong pace seen in
August. Specifically, the National Association of Realtors' pending home sales
index was unchanged from August, arriving at 74.8.
"Inventory has climbed to a five-year high, giving home buyers more options and
room for price negotiation," says Dr. Lawrence Yun, chief economist at the
National Association of Realtors. Still, "signings have yet to fully reach the level
needed for a healthy market" as a weakening job market offsets a "record-high
stock market and growing housing wealth."
The Northeast and South saw the largest increases in pending home sales, up 3.1%
and 1.1%, respectively. The Midwest saw the largest decline, with activity down