Contracts to buy previously owned homes in the US rose 23.3 percent from a year earlier in March 2021, following a 0.5 percent decline in February, as interest rates remained at low levels and supply was near all-time lows. Contract signings were up double-digits in all four regions: the Northeast (16.7 percent); Midwest (14.1 percent); South (27.9 percent); and West (29.8 percent). On a monthly basis, pending home sales rose 1.9 percent in March, partially recovering from a revised 11.5 percent slump in February. source: National Association of Realtors
Pending Home Sales in the United States averaged 1.26 percent from 2002 until 2021, reaching an all time high of 30.90 percent in October of 2009 and a record low of -33.60 percent in April of 2020. This page provides the latest reported value for - United States Pending Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Pending Home Sales - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Pending Home Sales in the United States is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Pending Home Sales in the United States to stand at 1.70 in 12 months time. In the long-term, the United States Pending Home Sales is projected to trend around 1.70 percent in 2022, according to our econometric models.