FX.co ★ US Pending Home Rise More than Expected

In November 2025, pending home sales in the United States experienced a 3.3% increase compared to the previous month. This rise follows an upward revision of a 2.4% growth rate in October, surpassing the anticipated 1% gain and marking the fourth consecutive month of increases in pending home sales. The growth was consistent across various regions: the West saw a 9.2% rise, the South increased by 2.4%, the Northeast by 1.8%, and the Midwest by 1.3%. According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), "Homebuyer momentum is gaining traction. The data indicates it's the strongest performance of the year when seasonal factors are considered, and the best since February 2023." He attributed this trend to improved housing affordability, driven by both lower mortgage rates and wage growth that outpaces home prices, which is encouraging buyers to engage with the market. The increased variety of available inventory compared to the previous year is also drawing more buyers into the market.