Pending Home Sales Drop 9.3% in December

The National Association of Realtors is reporting that pending home sales dropped  9.3% in December, 2025 and were down 3% year over year.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 71.8 in December.  They say we’re not out of the proverbial woods, yet:

“The housing sector is not out of the woods yet…After several months of encouraging signs in pending contracts and closed sales, the December new contract figures have dampened the short-term outlook.”  Said the NAR’s Chief Economist, Lawrence Yun.

Click here to read the full report at the NAR.