By  on July 20, 2026

The National Association of Realtors is reporting that pending home sales were down 5.4% in June and down 0.3% year over year.  Click here to read more.

The National Association of Realtors is reporting that pending home sales were down 5.4% in June and down 0.3% year over year.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) came in at 73.8 in June.  Month-over-month declined in all four major U.S. regions and year-over-year pending home sales increased in the Northeast and Midwest but declined in the South and West.

“The highest mortgage rates in nearly a year and the record-high national median home price together are contributing to a tepid housing market that is especially difficult for first-time homebuyers…However, job gains can help support housing demand.””  Said the NAR’s Chief Economist, Lawrence Yun.

NAR

Click here to read the full release at the National Association of Realtors.