United States Pending Home Sales


Contracts to buy previously owned homes in the United States went up 2.6 percent year-on-year in February of 2017, following a 0.4 percent rise in January. It is the biggest gain since April last year. Compared to the previous month, pending home sales jumped 5.5 percent, recovering from a 2.8 percent drop in January and beating market expectations of a 2.4 percent gain. Across main four regions, contracts increased in the Midwest (11.4 percent), the South (4.3 percent), the Northeast (3.4 percent) and the West (3.1 percent). Pending Home Sales in the United States averaged 1.20 percent from 2002 until 2017, reaching an all time high of 30.90 percent in October of 2009 and a record low of -24.30 percent in April of 2011.


United States Pending Home Sales

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Pending Home Sales Index is based on sales of existing homes where the contract has been signed but the transaction has not been closed. The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales. An index of 100 is equal to the average level of contract activity during 2001, which was the first year to be examined. 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 – actual data, historical chart and calendar of releases – was last updated on March of 2017.