Contracts to purchase previously owned homes in the US decreased by 14% year-over-year in July 2023, easing from a revised 15.5 percent drop in the previous month. source: National Association of Realtors

Pending Home Sales in the United States averaged -0.29 percent from 2002 until 2023, reaching an all time high of 52.40 percent in April of 2021 and a record low of -36.80 percent in October of 2022. This page provides the latest reported value for - United States Pending Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Pending Home Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Pending Home Sales in the United States is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United States Pending Home Sales YoY



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-27 02:00 PM Jun -15.6% -22.1% -19.0%
2023-08-30 02:00 PM Jul -14.0% -15.5% -12.0%
2023-09-28 02:00 PM Aug -14.0%


Related Last Previous Unit Reference
Pending Home Sales -14.00 -15.50 percent Jul 2023
Existing Home Sales 4070.00 4160.00 Thousand Jul 2023
Pending Home Sales MoM 0.90 0.40 percent Jul 2023
Single Family Home Prices 406700.00 410000.00 USD Jul 2023

United States Pending Home Sales YoY
The Pending Home Sales Index, 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. When a seller accepts a sales contract on a property, it is recorded into a Multiple Listing Service (MLS) as a "pending home sale." The majority of pending home sales become home sale transactions, typically one to two months later. The National Association of Realtors collects pending home sales data from MLSs and large brokers. Altogether, data from over 100 MLSs & 60 large brokers is received providing a large sample size covering 50% of the existing home sales sample. This is equal to 20 percent of all transactions.
Actual Previous Highest Lowest Dates Unit Frequency
-14.00 -15.50 52.40 -36.80 2002 - 2023 percent Monthly
Volume Index, SA