US Pending Home Sales Index MoM for August: Signs of Market Recovery

The National Association of Realtors (NAR) released the US Pending Home Sales Index month-over-month for August on August 28, 2025. The reported value was 0.3%, in line with the forecast of 0.3%, compared to the previous reading of -0.40%.Definition: The Pending Home Sales Index is derived from the number of signed contracts for existing and previously owned homes, providing a reliable indicator of future housing market activity. An increase in this index suggests improvement in the US real estate market.Market Impact: Actual data exceeding expectations is considered positive for the US dollar.This data is rated as having a significance level of 3. The index is calculated based on changes in the number of homes under contract but not yet closed, excluding new construction. It is released monthly, with the next publication scheduled for October 29, 2025.

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