The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors.
Source: Inman News
Pending home sales decline 5.5% following months of growth
Published in chief economist Lawrence Yun, December 2024 pending home sales, home sales, Homebuyer Market Retreat, inman, lawrence yun, Markets & Economy, midwest, mortgage rates, NAR, NAR chief economist Lawrence Yun, nar pending home sales index, nashville, national association of realtors, northeast, pending home sales, pending home sales index, Richelle Hammiel, Select, south and west
More from chief economist Lawrence YunMore posts in chief economist Lawrence Yun »
More from home salesMore posts in home sales »
More from inmanMore posts in inman »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Change strategy as the market shifts to win the listings long game
- Can agents use AI to help with contracts and disclosures?
- 5 lead-generation metrics you must review before 2026 begins
- Real CEO talks growth in hard times — and how everyone loses in real estate ‘wars’
More from lawrence yunMore posts in lawrence yun »
- October was another slow month for pending home sales
- Tailwinds pull October existing-home sales up 1.2%
- NAR economist predicts post-shutdown real estate ‘boom’
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from midwestMore posts in midwest »
- Redfin on 2026: Affordability improves, sales rise only slightly
- October was another slow month for pending home sales
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Tailwinds pull October existing-home sales up 1.2%
- The inventory surge is sputtering. See how your market stacks up
More from mortgage ratesMore posts in mortgage rates »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
- Delistings and discounts jump as holiday season approaches
More from NARMore posts in NAR »
More from NAR chief economist Lawrence YunMore posts in NAR chief economist Lawrence Yun »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Existing-home sales gain momentum in September amid falling mortgage rates
- Pending home sales jumped 4% in August in positive market signal
- Is fall the new spring? Market winds may be shifting, NAR says
More from nar pending home sales indexMore posts in nar pending home sales index »
More from nashvilleMore posts in nashville »
- Stock market gains push luxury homebuyers ahead in October
- October brought the strongest buyer’s market in 12 years: Redfin
- 5 copy-and-paste direct-mail campaigns that will fuel your best year ever in 2026
- Inman is celebrating 30 years of community, and you’re invited
- From Vegas to venture capital: Navigating the uncertain path of the proptech founder
More from national association of realtorsMore posts in national association of realtors »
More from northeastMore posts in northeast »
- Redfin on 2026: Affordability improves, sales rise only slightly
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October was another slow month for pending home sales
- ‘More persistent headwinds’ plague housing market as prices barely budge
- Tailwinds pull October existing-home sales up 1.2%
More from pending home salesMore posts in pending home sales »
- October was another slow month for pending home sales
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Median monthly housing payments see sharpest drop in almost 1 year
- Pending home sales remain stuck in the mud in September
- Homebuyers froze deals at a record rate in August: Redfin
More from pending home sales indexMore posts in pending home sales index »
- Pending home sales tank 6.3% in April as mortgage rates stay high
- Pending home sales fall 4.6% to an all-time low, NAR says
- Pending home sales fall by 2.1% in May as buyer demand softens
- Pending home sales tally modest uptick amid rise in jobs, inventory
- Pending home sales stagnate in November despite rate relief
More from Richelle HammielMore posts in Richelle Hammiel »
- Opendoor reaches $39M settlement in pricing algorithm suit
- Frank Lloyd Wright’s prairie-style DeRhodes House lists near $1.18M
- Investors contemplate options amid market shift: The Download
- Despite market shift toward buyers, they’re still backing away
- Opendoor hit with Nasdaq notice, skids closer to delisting zone
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from southMore posts in south »
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- October was another slow month for pending home sales
- Tailwinds pull October existing-home sales up 1.2%
- Homebuilders’ rate buydowns are leaving buyers underwater: WSJ
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
More from westMore posts in west »
- October was another slow month for pending home sales
- Tailwinds pull October existing-home sales up 1.2%
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Pending home sales remain stuck in the mud in September
- Starter homes see bigger price cuts than luxury listings
Be First to Comment