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United States Pending Home Sales

Last Release
Jul 2021
Actual
-8.5 %
Forecast
N/A
Previous
-2 %
Frequency
Monthly
Units In
%
Next Release
Sep 29, 2021
Time to Release
11 Days 17 Hours
Highest
Lowest
Average
Date Range
Source
51.7 %
Apr 2021
-33.8 %
Apr 2020
1.47 %2002 - 2021National Association of Realtors
Pending Home Sales Index is based on sales of existing homes where the contract has been signed but the transaction has not been closed. The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined.

Latest Updates

Pending home sales in the US were down 8.5% yoy in July of 2021, a second consecutive drop, amid limited supply. All four regions saw transactions decrease year-over-year. Compared to the previous month, pending sales dropped 1.8%, compared to market forecasts of a 0.4% rise. Only the West region registered a month-over-month gain in contract activity, while the other three major regions reported drops. "The market may be starting to cool slightly, but at the moment there is not enough supply to match the demand from would-be buyers. That said, inventory is slowly increasing and home shoppers should begin to see more options in the coming months", said Lawrence Yun, NAR's chief economist.

United States Pending Home Sales History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Aug 30, 202114:07US Pending Home Sales Fall for 2nd Month
Jul 29, 202114:10US Pending Home Sales Unexpectedly Fall

United States housing Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Building Permits
1,630
Jul 2021
1,594
Jun 2021
513
Mar 2009
2,419
Dec 1972
ThousandMonthly1960 - 2021
Case Shiller Home Price Index
262.7
May 2021
257.1
Apr 2021
100
Jan 2000
262.7
May 2021
pointsMonthly2000 - 2021
Construction Spending
0.3
Jul 2021
0.1
Jun 2021
-4.8
Feb 1975
5.9
Apr 1978
%Monthly1964 - 2021
Existing Home Sales
5,990
Jul 2021
5,870
Jun 2021
1,370
Mar 1970
7,250
Sep 2005
ThousandMonthly1968 - 2021
Home Ownership Rate
65.4
Jun 2021
65.6
Mar 2021
62.9
Jun 2016
69.2
Dec 2004
%Quarterly1965 - 2021
Housing Index
1.7
May 2021
1.8
Apr 2021
-1.8
Nov 2008
1.8
Apr 2021
%Monthly1991 - 2021

Pending Home Sales across North America

Pending Home Sales global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
United States
-8.5
Jul 2021
-2
Jun 2021
-33.8
Apr 2020
51.7
Apr 2021
%Monthly2002 - 2021

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