US pending home sales surge to highest in nearly 3 years in November, NAR says

A glimmer of hope for the housing market

The housing market is showing modest improvement, with pending home sales rising over 3% in November and prices growing just 1.2% year over year. Rising inventory and falling mortgage rates mean affordability is improving, though rates likely need to dip below 6% for demand to really pick up. Also in this episode: The 2026 outlook for oil prices and production, a look at which states are getting a minimum wage increase, and what's going on with …

Pending Home Sales in US Jump to Near 3-Year High in November

Pending home sales across the United States grew 3.3 percent in November, reaching the highest level in nearly three years, according to a Dec. 29 report from the National Association of Realtors (NAR). This marks the fourth consecutive month of sales growth. “Homebuyer momentum is building. The data show the strongest performance of the year after accounting for seasonal factors, and the best performance in nearly three years, dating back to Fe…

US pending home sales surge to highest in nearly 3 years in November, NAR says

NAR Pending Home Sales Report Shows 3.3% Increase in November

Washington, D.C., Dec. 29, 2025 (GLOBE NEWSWIRE) -- Pending home sales in November jumped by 3.3% from the prior month and 2.6% year over year, according to the National Association of REALTORS® Pending Home Sales

Pending sales rise, but market still stuck in ‘low gear’

Last month, pending home sales rose 3.3% compared to October and 2.6% compared to November 2024, with the biggest year-over-year jump occurring in the South.

Pending home sales jump to near three-year high as rates pull buyers back

Contract signings climbed nationwide in November, according to a report from the National Association of Realtors.