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Pending home sales were up slightly in December for the third consecutive month. In 2018, existing-home sales and price growth are forecast to moderate, primarily because of the new tax law’s expected impact in high-cost housing markets.

Read the full news release.

Next release: Pending Home Sales for January 2018 will be released on Wednesday, February 28, 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 January 2018 will be released on Wednesday, February 28, 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

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: 17 KB)

Forecast

U.S. Economic Outlook (PDF: 98 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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