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Pending Home Sales

Latest News

Pending home sales increased in all four major regions in June, but overall activity lagged year ago levels for the sixth straight month.

Read the full news release.

Next release: Pending Home Sales for July 2018 will be released on Wednesday, August 29, 2018 at 10:00 a.m. Eastern.

The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing-Home Sales by a month or two.

Pending Home Sales for July 2018 will be released on Wednesday, August 29, 2018 at 10:00 a.m. Eastern.

The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures. The releases include analysis and quotes by NAR's Chief Economist Lawrence Yun regarding the sales volume, prices, inventory and interest rates.

NAR Research Data Release Dates

Pending Home Sales data are provided by NAR solely for use as a reference. No part of the data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR.

Data

Citation guidelines for NAR research and statistics

Monthly Index

The monthly index covers the past 12 months for the nation and four regions. The data includes seasonally adjusted as well as not seasonally adjusted figures.

PHS Overview (PDF: 24 KB)

Forecast

U.S. Economic Outlook (PDF: 572 KB)

Historical Information

Historical data can be purchased in the REALTOR® Store.

Questions?

If you have questions about this data, please email them to data@realtors.org.

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Contract Signings Inch Up

NAR Chief Economist Lawrence Yun talks about June pending home sales, job growth, buyer interest, affordability, and market values.

Video: Contract Signings Inch Up

In this video, NAR Chief Economist Lawrence Yun talks about June pending home sales, job growth, buyer interest, affordability, and market values.
EHS Infographic Sale Sign

June 2018 Existing-Home Sales Snapshot

June 2018 brought 5.38 million in sales, a median sales price of $276,900, and 4.3 months of inventory. The median sales price is up 5.2% year over year, and inventory is up from 4.2 months in June 2017.