Pending home sales in the United States declined 0.8% in January 2026 compared with the previous month, signaling a notable easing in the market’s downturn. The latest data, updated on 19 February 2026, mark an improvement from December 2025, when pending home sales plunged 7.4% month-over-month.
The month-over-month comparison indicates that while contract signings for home purchases are still slipping, the pace of decline has slowed meaningfully. The January reading suggests that the sharp contraction seen at the end of 2025 may be giving way to a more gradual adjustment, potentially reflecting buyers and sellers starting to recalibrate to prevailing market conditions.