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U.S. pending home sales plunged 9.3% in December 2025 to a five-month low, driven by high rates, low inventory, and economic uncertainty.
U.S. pending home sales dropped 9.3% in December 2025 to a five-month low of 71.8, according to the National Association of Realtors, far below expectations and marking the weakest December since records began.
The decline, driven by low inventory, high mortgage rates despite recent drops, economic uncertainty, and a shortage of entry-level homes, occurred across all four regions.
Many homeowners remain locked into low rates, limiting supply, while rising Treasury yields from trade tensions threaten to push rates higher.
Despite some policy actions by the Trump administration to boost affordability, weak job growth and a "wait-and-see" buyer sentiment continue to weigh on the market.
Las ventas de viviendas pendientes en Estados Unidos se desplomaron un 9,3% en diciembre de 2025 a un mínimo de cinco meses, impulsadas por las altas tasas, el bajo inventario y la incertidumbre económica.