Pending home sales rose slightly in August on a monthly basis, but fell year over year as climbing mortgage rates kept many prospective buyers on the sidelines. Contract signings ticked up 0.3% from July, but plunged 4.7% compared to August 2025, according to the National Association of Realtors® Pending Home Sales report released Thursday."Buyers steadily entered into contracts in August even tho…
Pending Home Sales Edge Up in August Despite Higher Rates
