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Pending Home Sales

The Pending Home Sales (PHS) index measures housing contract activity. It is based on signed real estate contracts for existing single-family homes, condos and co-ops.

Next Release

April 28, 2014, 10 a.m. ET

2014 Statistical News Release Schedule

About the Index

The Pending Home Sales Index, a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing Home Sales by a month or two.

Video: PHS Holds Steady

Pending home sales declined for the eighth straight month in February. Modest increases in the Midwest and West were offset by declines in the Northeast and South. Watch the video to learn more.