US Pending Home Sales Increase 1.9% in October

Posted on November 25, 2025

On Tuesday, the National Association of Realtors (NAR) reported that its Pending Home Sales Index (PHSI)—based on signed contracts for existing single-family homes, condominiums, and co-ops—increased 1.9% month-over-month in October to a reading of 100. Year-over-year, pending sales were down 0.4%.

An index of 100 corresponds to the level of contract activity in 2001.

The regional breakdown is as follows:

  • The Northeast rose 2.3% month-over-month but fell 1.0% year-over-year.
  • The Midwest rose 5.3% month-over-month and increased 0.9% year-over-year.
  • The South rose 1.4% month-over-month and increased 2.0% year-over-year.
  • The West fell 1.5% month-over-month and declined 7.0% year-over-year.

According to NAR’s monthly REALTORS Confidence Index survey, 17.0% of members expect an increase in buyer traffic over the next three months, down from 20.0% a year earlier. Meanwhile, 16.0% expect an increase in seller traffic, down from 19.0% in October 2024.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.