Pending Home Sales Hit a Record Low in September as Mortgage Rates Climb
NAR's Pending Home Sales Index fell 7.3% in September to 66.0, the lowest reading on record, as mortgage rates rose, HousingWire reported on Oct. 20.
Key facts
- The National Association of Realtors said its Pending Home Sales Index dropped 7.3% in September to 66.0, a record low.
- The index was 11.3% below September 2025, after a 0.3% rise in August.
- All four regions fell from August; the West dropped most (9.2%) and the Northeast least (4.2%).
- From a year earlier, the West was down 15.0% and the South 12.0%.
- HousingWire Data counted 51,947 new pending single-family sales in the week ending Oct. 16, down 13.1% from a year earlier.
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Read the original at HousingWire (opens in a new tab)
Source: NAR pending home sales index falls to record low in September — HousingWire, October 19, 2026. Summary and commentary by RISE Community; read the full story at the source.
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