- Prior month 0.0%. Index 74.8 revised 274.9
- Pending home sales month-to-month 1.9% vs 0.5% estimate
- Pending home sales index 76.3 vs 74.8 last month.
Regionally,
- Northeast +2.3%
- West -1.5%
- Midwest +5.3%
- South +1.4%
Details from national Association of realtors:
Monthly changes (October 2025, MoM)
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Pending home sales rose in the Northeast, Midwest, and South
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Pending home sales declined in the West
Year-over-year changes
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Pending home sales increased in the Midwest and South
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Pending home sales decreased in the Northeast and West
Economist commentary (Lawrence Yun, NAR)
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Midwest performed best due to stronger affordability
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Contract signings fell in the high-priced West region
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Days on market typically lengthen from November–February, giving buyers more negotiating power
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September job gains are reassuring, suggesting the economy is not slipping into recession
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Improved job data may boost buyer confidence
Context
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Pending Home Sales Index (PHS) measures signed contracts for existing homes and typically leads Existing-Home Sales by 1–2 months
Next release
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November 2025 Pending Home Sales: Monday, December 29, 2025, at 10 a.m. ET
This article was written by Greg Michalowski at investinglive.com.