US pending home sales surged 3.8% month-over-month in May 2026, following a downwardly revised 0.3% rise in April and exceeding market expectations of 0.8%. This marked the steepest monthly increase since September 2024, with gains across all regions: Northeast (+8.7%), Midwest (+8.1%), South (+1.0%), and West (+0.7%). Year-over-year, pending home sales rose 4.8%. NAR Chief Economist Dr. Lawrence Yun noted that a late spring buyer rush, even with mortgage rates holding steady above 6%, signals pent-up housing demand and growing acceptance of higher rates as the new normal. “The inventory-constrained Northeast region, which has seen faster home price growth but slower home sales for several months, is now showing more buyer contract signings. More supply is needed to help moderate home price growth,” he added. source: National Association of Realtors

Pending Home Sales MoM in the United States increased to 3.80 percent in May from 0.30 percent in April 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 June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-19 02:00 PM
Pending Home Sales MoM
Apr 1.4% 1.7% 1% 1.8%
2026-06-17 02:00 PM
Pending Home Sales MoM
May 3.8% 0.3% 0.8% 0.9%
2026-07-16 02:00 PM
Pending Home Sales MoM
Jun 3.8%


Related Last Previous Unit Reference
Existing Home Sales 4170.00 4040.00 Thousand May 2026
Existing Home Sales MoM 3.20 0.70 percent May 2026
Pending Home Sales YoY 4.80 3.20 percent May 2026
Pending Home Sales MoM 3.80 0.30 percent May 2026
Existing Home Sales Prices 429300.00 417500.00 USD May 2026
Total Housing Inventory 1550.00 1500.00 Thousands May 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
3.80 0.30 40.50 -30.30 2001 - 2026 percent Monthly
SA

News Stream
US Pending Home Sales Jump 3.8% in May
US pending home sales surged 3.8% month-over-month in May 2026, following a downwardly revised 0.3% rise in April and exceeding market expectations of 0.8%. This marked the steepest monthly increase since September 2024, with gains across all regions: Northeast (+8.7%), Midwest (+8.1%), South (+1.0%), and West (+0.7%). Year-over-year, pending home sales rose 4.8%. NAR Chief Economist Dr. Lawrence Yun noted that a late spring buyer rush, even with mortgage rates holding steady above 6%, signals pent-up housing demand and growing acceptance of higher rates as the new normal. “The inventory-constrained Northeast region, which has seen faster home price growth but slower home sales for several months, is now showing more buyer contract signings. More supply is needed to help moderate home price growth,” he added.
2026-06-17
US Pending Home Sales Rise for Third Straight Month
US pending home sales increased 1.4% month-over-month in April 2026, following an upwardly revised 1.7% gain in March and surpassing market expectations of 1%. This marks the third consecutive month of growth, with rises in the Northeast (6.6%), Midwest (3.0%), and West (0.4%). Year-over-year, pending sales climbed 3.2%. NAR Chief Economist Dr. Lawrence Yun noted, “Buyers are returning with cautious optimism despite economic uncertainty and a slight rise in mortgage rates. Demand would be even stronger if mortgage rates returned to earlier 2026 levels.” He added that historically low foreclosure sales mean minimal price discounts, with most markets seeing higher prices than a year ago. Yun warned, “Unless supply increases significantly, home price growth could outpace wage growth, further reducing homeownership rates. All efforts must focus on boosting housing supply.”
2026-05-19
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