Key Highlights
Pending home sales in November increased 2.2%.
Compared to one month ago, pending sales rose in the Midwest, South and West but declined in the Northeast.
Year-over-year, contract signings grew in all four U.S. regions, with the West showing the biggest jump.
NAR Chief Economist Lawrence Yun Forecasts 9% Increase in Home Sales for 2025 and 13% for 2026, with Mortgage Rates Stabilizing Near 6%
