- Prior month 0.0%. Index 74.8 revised 274.9
- Pending home sales month-to-month 1.9% vs 0.5% estimate
- Pending home sales index 76.3 vs 74.8 last month.
Regionally,
- Northeast +2.3%
- West -1.5%
- Midwest +5.3%
- South +1.4%
Details from national Association of realtors:
Monthly changes (October 2025, MoM)
Pending home sales rose in the Northeast, Midwest, and South
Pending home sales declined in the West
Year-over-year changes
Pending home sales increased in the Midwest and South
Pending home sales decreased in the Northeast and West
Economist commentary (Lawrence Yun, NAR)
Midwest performed best due to stronger affordability
Contract signings fell in the high-priced West region
Days on market typically lengthen from November–February, giving buyers more negotiating power
September job gains are reassuring, suggesting the economy is not slipping into recession
Improved job data may boost buyer confidence
Context
Pending Home Sales Index (PHS) measures signed contracts for existing homes and typically leads Existing-Home Sales by 1–2 months
Next release
November 2025 Pending Home Sales: Monday, December 29, 2025, at 10 a.m. ET
