Pending Home Sales in US Drop Nearly 10 Percent in December: NAR

Meanwhile, Redfin estimated that in December 2025, there were 47.1 percent more home sellers than buyers—the largest gap since 2013.
Pending Home Sales in US Drop Nearly 10 Percent in December: NAR
A "sale pending" sign is posted in front of a home in San Anselmo, Calif., on March 22, 2023. Justin Sullivan/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
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Pending home sales across America experienced a 9.3 percent decline from November to December 2025.

In its Jan. 21 pending home sales report, the National Association of Realtors (NAR) indicated last month’s numbers also represented a 3 percent year-over-year decrease in pending sales.
Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.