The National Association of Realtors is reporting that pending home sales were up 4% in August, 2025 and were up 3.8% year over year. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 74.7 in August.
“Lower mortgage rates are enabling more home buyers to go under contract…In the Midwest, low mortgage rates combined with high levels of affordability are attracting more buyers compared to other regions.” Said the NAR’s Chief Economist Lawrence Yun.
Click here to read the full report at the NAR.
