US Home Contract Signings Set Record High for December

US Home Contract Signings Set Record High for December
A sold home in seen in Orlando, Fla., on Dec. 8, 2020. John Raoux/AP Photo
|Updated:

SILVER SPRING, Md.—The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was still a record high for December.

The National Association of Realtors’ index of pending home sales dipped 0.3 percent to 125.5 in December, an all-time high, according to the Jan. 29 report. An index of 100 represents the level of contract activity in 2001. Contract signings rose 21.4 percent over December 2019.