US Pending Home Sales Index for August: Positive Market Outlook

The National Association of Realtors (NAR) released the US Pending Home Sales Index for August on August 28, 2025. The reported month-over-month figure was -0.40%. No consensus forecast was provided; the previous reading was also -0.40%.Definition: The Pending Home Sales Index measures the volume of signed contracts for existing and previously owned homes. This indicator provides reliable insight into future home sales activity and reflects trends in the housing market. The data is typically published one week after the Existing Home Sales report but is considered more forward-looking.Market impact: A reading above expectations is generally supportive of the US dollar.This data is rated as level 3 in importance. The index is calculated based on changes in the number of homes under contract, excluding new construction. It is released monthly, with the next publication scheduled for October 29, 2025.

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