The National Association of Realtors is reporting that pending home sales saw no change in September, 2025 but were down 0.9% year over year. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 74.8 in September. The Realtors say that inventory has risen to a 5-year high, which is something that has been consternation for some time.“Inventory has climbed to a five-year high, giving home buyers more options and room for price negotiation…Looking ahead, mortgage rates are trending toward three-year lows, which should further improve affordability, though the government shutdown could temporarily slow home sales activity.” Said the NAR’s Chief Economist Lawrence Yun.
Click here to read the full report at the NAR.
