The number of pending home sales in the U.S. declined dramatically in the fourth quarter of 2021. In March 2024, the pending home sales index stood at **** index points, just *** index points above its lowest value recorded in April 2020 when the COVID-19 pandemic struck. The slowdown in buying activity was triggered by the aggressive mortgage interest rates hikes in response to the rising inflation. As it takes around **** to eight weeks to finalize a home sale in the United States, the Pending Home Sales Index (PHSI) index is seen as a measure of consumer sentiment on buying a house and essentially provides an early outlook on what the actual sales of existing homes in the country might potentially look like.

United States Pending Home Sales Index: US data was reported at 87.700 2001=100 in Sep 2018. This records a decrease from the previous number of 110.000 2001=100 for Aug 2018. United States Pending Home Sales Index: US data is updated monthly, averaging 101.400 2001=100 from Jan 2006 (Median) to Sep 2018, with 153 observations. The data reached an all-time high of 140.700 2001=100 in Apr 2010 and a record low of 54.800 2001=100 in Dec 2007. United States Pending Home Sales Index: US data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB004: Pending Home Sales Index.

Pending Home Sales in the United States increased 1.10 percent in May of 2025 over the same month in the previous year. This dataset 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 Index: sa: Annual Rate: South data was reported at 122.900 2001=100 in May 2018. This records a decrease from the previous number of 127.300 2001=100 for Apr 2018. United States Pending Home Sales Index: sa: Annual Rate: South data is updated monthly, averaging 114.061 2001=100 from Jan 2001 (Median) to May 2018, with 209 observations. The data reached an all-time high of 138.691 2001=100 in Aug 2005 and a record low of 82.900 2001=100 in May 2010. United States Pending Home Sales Index: sa: Annual Rate: South data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

Pending Home Sales Index: sa: Annual Rate: West data was reported at 94.700 2001=100 in May 2018. This records an increase from the previous number of 94.100 2001=100 for Apr 2018. Pending Home Sales Index: sa: Annual Rate: West data is updated monthly, averaging 102.800 2001=100 from Jan 2001 (Median) to May 2018, with 209 observations. The data reached an all-time high of 133.034 2001=100 in Feb 2005 and a record low of 77.075 2001=100 in Aug 2007. Pending Home Sales Index: sa: Annual Rate: West data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

Pending Home Sales MoM in the United States increased to 1.80 percent in May from -6.30 percent in April of 2025. This dataset includes a chart with historical data for the United States Pending Home Sales MoM.

United States Pending Home Sales Index: Midwest data was reported at 132.600 2001=100 in May 2018. This records an increase from the previous number of 126.800 2001=100 for Apr 2018. United States Pending Home Sales Index: Midwest data is updated monthly, averaging 95.700 2001=100 from Jan 2006 (Median) to May 2018, with 149 observations. The data reached an all-time high of 140.300 2001=100 in Apr 2016 and a record low of 51.000 2001=100 in Dec 2007. United States Pending Home Sales Index: Midwest data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

Graph and download economic data for Housing Inventory: Pending Listing Count in the United States (PENLISCOUUS) from Jul 2016 to May 2025 about pending, listing, and USA.

United States Pending Home Sales Index: South data was reported at 147.800 2001=100 in May 2018. This records a decrease from the previous number of 153.900 2001=100 for Apr 2018. United States Pending Home Sales Index: South data is updated monthly, averaging 108.700 2001=100 from Jan 2006 (Median) to May 2018, with 149 observations. The data reached an all-time high of 164.000 2001=100 in Mar 2017 and a record low of 63.800 2001=100 in Dec 2007. United States Pending Home Sales Index: South data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

United States Pending Home Sales Index: sa: Annual Rate: Midwest data was reported at 101.400 2001=100 in May 2018. This records an increase from the previous number of 98.500 2001=100 for Apr 2018. United States Pending Home Sales Index: sa: Annual Rate: Midwest data is updated monthly, averaging 102.100 2001=100 from Jan 2001 (Median) to May 2018, with 209 observations. The data reached an all-time high of 124.400 2001=100 in Oct 2004 and a record low of 63.100 2001=100 in Jun 2010. United States Pending Home Sales Index: sa: Annual Rate: Midwest data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April of 2025. This dataset provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Existing Home Sales (EXHOSLUSM495S) from May 2024 to May 2025 about headline figure, sales, housing, and USA.

United States Pending Home Sales Index: Northeast data was reported at 67.900 2001=100 in Sep 2018. This records a decrease from the previous number of 96.700 2001=100 for Aug 2018. United States Pending Home Sales Index: Northeast data is updated monthly, averaging 84.300 2001=100 from Jan 2006 (Median) to Sep 2018, with 153 observations. The data reached an all-time high of 143.900 2001=100 in May 2017 and a record low of 37.800 2001=100 in Dec 2008. United States Pending Home Sales Index: Northeast data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

As the U.S. housing market slowed, the proportion of properties sold above the list price declined slightly from the 2022 peak. A record high share of homes sold for more than the list price in May 2022, as bidding wars broke out among homebuyers. This trend developed as the real estate market witnessed an uptick in sales during 2020 - as can be seen in an index for pending home sales during the COVID-19 pandemic - alongside growing issues on the supply end. Home inventory in several U.S. cities, for instance, amid growing shortages of building materials. In September 2024, the share of homes sold above the list price amounted to ** percent.

United States Pending Home Sales Index: West data was reported at 85.500 2001=100 in Oct 2018. This records a decrease from the previous number of 89.600 2001=100 for Sep 2018. United States Pending Home Sales Index: West data is updated monthly, averaging 101.250 2001=100 from Jan 2006 (Median) to Oct 2018, with 154 observations. The data reached an all-time high of 146.300 2001=100 in Aug 2009 and a record low of 56.100 2001=100 in Dec 2007. United States Pending Home Sales Index: West data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s United States – Table US.EB004: Pending Home Sales Index.

The average home in the U.S. sold for several percent below its asking price in December 2022, as a result of the housing market slowing. Just a few months before that, In the second quarter of 2022, the so-called sale-to-list price ratio went above 100. This reflected the high housing demand and the need of prospective home buyers to bid above the asking price. Housing demand - as measured in pending home sales - went up, as mortgage rates were historically low and plummeted once rates were increased.

United States Pending Home Sales Index: sa: Annual Rate: Northeast data was reported at 92.400 2001=100 in May 2018. This records an increase from the previous number of 90.600 2001=100 for Apr 2018. United States Pending Home Sales Index: sa: Annual Rate: Northeast data is updated monthly, averaging 93.191 2001=100 from Jan 2001 (Median) to May 2018, with 209 observations. The data reached an all-time high of 119.200 2001=100 in Dec 2001 and a record low of 57.700 2001=100 in Jun 2010. United States Pending Home Sales Index: sa: Annual Rate: Northeast data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

United States Pending Home Sales Index: sa: Annual Rate: US data was reported at 105.900 2001=100 in May 2018. This records a decrease from the previous number of 106.400 2001=100 for Apr 2018. United States Pending Home Sales Index: sa: Annual Rate: US data is updated monthly, averaging 104.700 2001=100 from Jan 2001 (Median) to May 2018, with 209 observations. The data reached an all-time high of 126.981 2001=100 in Apr 2005 and a record low of 76.400 2001=100 in Jun 2010. United States Pending Home Sales Index: sa: Annual Rate: US data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB004: Pending Home Sales Index.

The National Association of Realtors monthly housing indicators are based on a representative sample of local boards and multiple listing services. Sales volume, inventory, and price levels for existing homes are measured for the US in aggregate and by census region. Existing homes, unlike new homes, are homes that are owned and occupied before coming onto the market.

Inventory indicates the number of properties marked as "active" on the market or those pending sales. When a seller lists a property, it becomes counted as inventory.

For more information, see Methodology: Existing-Home Sales (https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales/methodology).

Copyright, 2016, National Association of Realtors. Reprinted with permission.

Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to Jun 2025 about median and USA.