US pending home sales rose by 1.5% from the previous month in March of 2026, extending the upwardly revised 2.5% increase from February, and significantly outperforming the market expectation of a 0.1% increase. The increase was carried by a 4.4% increase in the Northeast region and a 3.8% jump in the South region, which offset the 2.6% drop in the West and 1.3% decrease in the Midwest. “Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” said NAR Chief Economist Dr. Lawrence Yun. “A greater supply of inventory will help translate that demand into more home sales. Demand sensitivity to mortgage rates is greatest among first-time buyers, particularly younger buyers,” Yun said. “As a result, boosting supply and new-home construction should focus on smaller, more affordable homes.”. source: National Association of Realtors

Pending Home Sales MoM in the United States decreased to 1.50 percent in March from 2.50 percent in February of 2026. Pending Home Sales MoM in the United States averaged -0.01 percent from 2001 until 2026, reaching an all time high of 40.50 percent in May of 2020 and a record low of -30.30 percent in May of 2010. This page includes a chart with historical data for the United States Pending Home Sales MoM. United States Pending Home Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-17 02:00 PM
Pending Home Sales MoM
Feb 1.8% -1% -0.5% -0.7%
2026-04-21 02:00 PM
Pending Home Sales MoM
Mar 1.5% 2.5% 0.1% 0.5%
2026-05-19 02:00 PM
Pending Home Sales MoM
Apr 1.5%


Related Last Previous Unit Reference
Existing Home Sales 3980.00 4130.00 Thousand Mar 2026
Existing Home Sales MoM -3.60 2.70 percent Mar 2026
Pending Home Sales YoY -1.10 -0.80 percent Mar 2026
Pending Home Sales MoM 1.50 2.50 percent Mar 2026
Existing Home Sales Prices 408800.00 398000.00 USD Mar 2026
Total Housing Inventory 1360.00 1290.00 Thousands Mar 2026


United States Pending Home Sales MoM
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
1.50 2.50 40.50 -30.30 2001 - 2026 percent Monthly
SA

News Stream
US Pending Home Sales Rise Further
US pending home sales rose by 1.5% from the previous month in March of 2026, extending the upwardly revised 2.5% increase from February, and significantly outperforming the market expectation of a 0.1% increase. The increase was carried by a 4.4% increase in the Northeast region and a 3.8% jump in the South region, which offset the 2.6% drop in the West and 1.3% decrease in the Midwest. “Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” said NAR Chief Economist Dr. Lawrence Yun. “A greater supply of inventory will help translate that demand into more home sales. Demand sensitivity to mortgage rates is greatest among first-time buyers, particularly younger buyers,” Yun said. “As a result, boosting supply and new-home construction should focus on smaller, more affordable homes.”
2026-04-21
US Pending Home Sales Rebound in February
US pending home sales increased by 1.8% month-over-month in February 2026, reversing two consecutive months of declines and surpassing market expectations of a 0.5% drop. Regional performance varied, with gains in the Midwest (+4.6%), South (+2.7%), and West (+0.9%), while the Northeast saw a decline (-3.6%). On a year-over-year basis, pending home sales fell by 0.8%. According to NAR Chief Economist Dr. Lawrence Yun, the modest rise in pending contracts reflects improved affordability conditions, though this progress could be threatened if rising oil prices push mortgage rates higher. Yun noted that the Midwest, being the most affordable region, led the gains in February, while the Northeast struggled due to elevated home prices and limited supply.
2026-03-17
US Pending Home Sales Slip for Second Straight Month
US pending home sales fell 0.8% month over month in January 2026, extending a revised 7.4% decline in December and missing expectations for a 1.3% increase. The second consecutive monthly drop highlights ongoing pressure in the US housing market, despite lower mortgage rates. Regionally, sales fell in the Northeast (-5.7%) and South (-4.5%), while the Midwest (5.0%) and West (4.3%) saw gains. On a year-over-year basis, pending home sales were down 0.4%. “Improving affordability conditions have yet to induce more buying activity,” said Lawrence Yun, Chief Economist at the National Association of Realtors. “With mortgage rates nearing 6%, an additional 5.5 million households that could not qualify for a mortgage one year ago would qualify at today’s lower rates.” Yun also warned that without an increase in housing supply, new buyers entering the market could push prices even higher, intensifying affordability pressures and highlighting the urgent need for more home construction.
2026-02-19