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Pending Home Sales

Latest News

Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months.

Read the full news release.

Next release: The Pending Home Sales release for August is scheduled for Sept 28, 2015, at 10:00 am Eastern Standard Time.

The Pending Home Sales Index (PHS), 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.


Monthly Index

The monthly index covers the past 12 months for the nation and four regions. The data includes seasonally adjusted as well as not seasonally adjusted figures.

For printing: PHSI Overview Chart (PDF: 16 KB)

For database work: PHSI Overview Chart (MS Excel: 36 KB)


U.S. Economic Outlook (PDF: 28 KB)

Seasonally-Adjusted Historical Files

Each February, in conjunction with the release of final data for the previous calendar year, NAR Research conducts a normal review of seasonal activity and fine-tunes historic data for the past three years based on the most recent findings. For example, in data posted in February 2015 revisions have been made to the monthly seasonally adjusted pending sales index for 2012 through 2014; most revisions are minor with little or no impact on previous characterizations of the overall market.

Seasonally-Adjusted Historical Files (MS Excel: 86 KB)

Historical Information

Historical data can be purchased in the REALTOR® Store.


If you have questions about this data, please email them to data@realtors.org.

In this section

Next Release

Sept 28, 2015, 10 a.m. ET

2015 Statistical News Release Schedule

July Pending Home Sales Up Slightly

In this video, NAR chief economist Lawrence Yun talks about July pending home sales, ties between the stock and housing markets, and China's stock market decline.