Research and Statistics

Month-over-month sales increased in the Northeast and South, showed no change in the West, and fell in the Midwest. Year-over-year sales showed no change in the Northeast and South, and decreased in the Midwest and West. “Existing-home sales increased for the third straight month due to lower mortgage rates this autumn. However, inventory growth is beginning to stall. With distressed property sales at historic lows and housing wealth at an all-time high, homeowners are in no rush to list their properties during the winter months,” says NAR Chief Economist Lawrence Yun.

In October 2025, month-over-month pending home sales rose in the Northeast, Midwest and South, and declined in the West. Year-over-year pending home sales increased in the Midwest and South, and decreased in the Northeast and West. According to NAR Chief Economist Lawrence Yun, “The Midwest shined above other regions due to better affordability, while contract signings retreated in the more expensive West region. Days on the market typically lengthen from November through February, providing better negotiating power to buyers during the holiday season. Job gains in September, following the data blackout, are reassuring and suggest the economy is not slipping into a recession,” Yun added. “This may boost confidence in future homebuying.