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Pending Home Sales

Latest News

Pending home sales inched higher for the second consecutive month, but inventory constraints kept overall activity below year ago levels. 

Read the full news release.

Next release: Pending Home Sales for May 2018 will be released on Wednesday, June 27, 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 May 2018 will be released on Wednesday, June 27, 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: 23 KB)

Forecast

U.S. Economic Outlook (PDF: 536 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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housing snapshot

April 2018 Pending Home Sales Snapshot

In April 2018, pending sales were up slightly year-over-year in the South, but were down in the rest of the country, with the Northeast taking the biggest hit at -7.0%.