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Pending home sales declined as a whole in December, but for the second straight month the Western region experienced a slight increase, according to the National Association of Realtors®.

Read the full news release.

Next release: Pending Home Sales for January 2019 will be released on Tuesday, February 27, 2019 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 December 2019 will be released on Tuesday, February 27, 2019 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.

Members of the media who need copies of previous months' pending home sales news releases can contact the NAR media communications team at 202-383-7515.

Data

Citation guidelines for NAR research and statistics

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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: 177.15 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 Drop in December

Lawrence Yun discusses the December decline in pending home sales, tax changes, and the relationship between mortgage rates and home sales.

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