US Pending Home Sales Down 5.8% Year Over Year — Biggest 2025 Drop
The four weeks ending December 14 saw broad declines, with pending sales falling in all but six of the 50 largest United States metro areas, according to the post.
Fact Check
The assessment is based on the overwhelming authority and relevance of the primary sources provided by the National Association of REALTORS® (NAR). Three sources point directly to NAR as the definitive origin for US housing statistics, specifically mentioning the 'Pending Home Sales Index' or linking to the 'Pending Home Sales Snapshot'. A news release from NAR is an official announcement of such data, making it a highly reliable source for the specific figure in the statement. The consistency across these high-authority sources strongly indicates that the statement is quoting an official statistic from NAR. Conversely, the sources with lower authority and relevance are correctly identified as being off-topic, focusing on new homes, a specific state (New York), or entirely different industries where 'contract signings' has a different meaning. There is no contradictory evidence from any credible source. Therefore, the statement is very likely a factual representation of data published by the primary authority on the subject.
Summary
US pending home sales fell 5.8% year over year (compared with prior year) in the four weeks ending December 14, marking the largest decline since the start of 2025. The downturn was broad-based, with pending sales down in all but six of the 50 largest United States metro areas. The post also noted the largest declines were recorded in "San...", but the city detail was incomplete.
Terms & Concepts
- Pending home sales: A housing metric tracking signed purchase contracts that have not yet closed.
- Year over year (YoY): A comparison of a metric against the same period in the previous year.
- Metro areas: Large urban regions and nearby communities used for economic statistics.