October 2020 Existing and Pending Home Sales

October 2020 Existing and Pending Home Sales

Dec 3, 2020
Light Theme Light Dark Theme Dark


Home sales increased by 27% year over year in October and buyer demand remains strong. Favorable low mortgage rates are offset by continued low inventory, and home prices are up 15.5%. Investors could unload their properties and home builders should build more new homes to create more inventory.

Related Content

From the advocacy efforts to technology advances and updates on commercial industry trends, the topics in this series all relate to what’s happening in commercial real estate now and what trends are on the horizon.
Each week, NAR Leadership and industry experts share tips and updates on the real estate industry during this unprecedented time.
The hunt is about so much more than the house. Home buying hiccups lead to tough decisions. Guided by the expertise of a REALTOR®, First-Time Buyer puts the real in real estate.
YouTube Play Button Icon

NAR Videos on YouTube

NAR offers additional topics online covering legislation, events, industry news and guides for both NAR members and the public. Visit NAR on YouTube

National Association of REALTORS®

16.8K subscribers

Open YouTube


1.52K subscribers

Open YouTube

REALTOR® Magazine

3.5K subscribers

Open YouTube

NAR Meetings

1.48K subscribers

Open YouTube