Pending home sales in the United States fell sharply in September 2026, dropping 7.3% month-over-month, according to data updated on 20 October 2026. The decline marks a significant reversal from August 2026, when pending home sales had posted a modest 0.3% month-on-month increase.
The figures highlight a pronounced loss of momentum in the housing market over the transition from late summer to early autumn. On a month-over-month comparison basis, September’s reading indicates that contract signings for home purchases fell notably compared with August, whereas August had shown only a slight improvement over July. Market participants will now be watching closely to see whether the September downturn proves temporary or signals a more sustained softening in US housing demand.
