December Pending Home Sales Fall 9.3% Amid Tight Inventory
TL;DR Summary
December 2025 pending-home-sales fell 9.3% from November and 3.0% year over year, with declines in all regions (Northeast -11.0% MoM, Midwest -14.9%, South -4.0%, West -13.3%); the South showed a YoY gain of 2.0% while other regions were down. Inventory remained tight at about 1.18 million homes—the lowest level of 2025—despite rising closing activity. NAR Chief Economist Lawrence Yun cautions that seasonality and scarce listings may have dampened demand in the short term, though several metro areas still posted notable YoY gains per Realtor.com Economics.
Topics:business#housing-market#inventory#lawrence-yun#pending-home-sales#real-estate#regional-variations
- NAR Pending Home Sales Report Shows 9.3% Decrease in December nar.realtor
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- Pending home sales drop sharply in December, dampening 2026 outlook CNBC
- 'The housing sector is not out of the woods': Contract signings sank in December Yahoo Finance
- US Pending-Home Sales Plunge by Most Since Start of Pandemic Bloomberg
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