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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.

February 27, 2015
NAR Chief Economist Lawrence Yun talks about the rise of pending home sales in January 2015.
February 27, 2015
Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013.
January 29, 2015
NAR Chief Economist Lawrence Yun talks about December pending home sales.
January 29, 2015
Pending home sales fell in December but were above year-over-year levels for the fourth consecutive month.
December 31, 2014
NAR Chief Economist Lawrence Yun talks about the positive and negative factors affecting the current housing market, and gives a forecast for 2015.

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Next Release

March 30, 2015, 10 a.m. ET

2015 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.

See the latest numbers.

Video: PHS Up in January

NAR Chief Economist Lawrence Yun talks about January pending sales, home prices outpacing income growth, home searches on realtor.com, and lockbox use by REALTORS®. Watch the video.