The National Association of Realtors is reporting that pending home sales were up 3.3% in November, 2025 and were up 2.6% year over year. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 79/2 in November. They say momentum is building:
“Homebuyer momentum is building. The data shows the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to February 2023…Improving housing affordability–driven by lower mortgage rates and wage growth rising faster than home prices–is helping buyers test the market. More inventory choices compared to last year are also attracting more buyers to the market.” Said the NAR’s Chief Economist Lawrence Yun.
Click here to read the full report at the NAR.
