Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

Real Estate Today

Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

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Pending Home Sales Drop 7.3% as Buyers Hesitate Across the U.S.

Pending Home Sales Drop 7.3% as Buyers Hesitate Across the U.S.

Pending home sales fell 7.3% in September 2026, reaching their lowest index reading since the National Association of Realtors began tracking contracts in 2001. The nationwide slowdown unfolded as mortgage rates climbed, even as more homes became available. The latest figures show where demand weakened and how the changes affect buyers and sellers. Key Takeaways Pending home sales declined 7.3% from August and 11.3% from September 2025, bringing the national index to a record-low 66.0 The West experienced the steepest monthly decrease at 9.2%, followed by the South at 8.2% The average 30-year fixed mortgage rate rose from 6.71% on September 3 to 7.40% on October 15 Active U.S. home listings increased 5.4% annually, while 20.8% of listed properties had price reductions Completed existing-home sales increased 1.5% in September despite the decline in newly signed contracts The decline was considerably steeper than economists expected. Analysts surveyed by Reuters had forecast