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Pending home sales declined slightly in October in all regions but the Northeast, according to the National Association of REALTOR®.

Read the full news release.

Next release: Pending Home Sales for November 2018 will be released on Friday, December 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 November 2018 will be released on Friday, December 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.

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: 140 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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NAR's latest pending home sales release suggests that the underlying factors in the improved market are systemic and not due to just one or two transient factors.