Pending home sales decreased 2.3% in September compared with August and were down 8% compared with September 2020, according to the National Association of Realtors’ (NAR) pending home sales index.
Regionally, and month over month, pending home sales fell 3.2% in the Northeast, 3.5% in the Midwest, 1.8% in the South, and 1.4% in the West.
Year over year, contract signings were down 18.5% in the Northeast, 5.8% in the Midwest, 5.8% in the