"The National Association of Realtors® (NAR) final report of 2025 showed growing homebuyer confidence in November, with pending home sales increasing 3.3% month-over-month and 2.6% year-over-year. This marked the best performance for pending home sales for the entire year, after accounting for seasonality, and the strongest showing in nearly three years, dating back to February 2023. The report highlighted several factors contributing to this trend: Improving housing affordability due to lower mortgage rates (around 6.18% in November) and wage growth surpassing home price increases."
"An increase in available housing inventory compared to the previous year. Month-over-month increases in pending home sales across all four major U.S. regions, with the West experiencing the strongest growth. Increased confidence among realtors, with a higher percentage anticipating increased buyer traffic in the coming months. This information suggests a potential stabilization in the housing market moving into 2026 as buyers react to more favorable conditions."
Pending home sales increased 3.3% month-over-month and 2.6% year-over-year in November, the best seasonally adjusted performance of 2025 and the strongest since February 2023. Mortgage rates were around 6.18% in November, while wage growth outpaced home price increases, improving housing affordability. Available housing inventory rose compared to the previous year. Pending sales increased month-over-month across all four major U.S. regions, with the West posting the strongest growth. Realtor confidence increased, with a higher share anticipating increased buyer traffic in coming months. These trends point toward potential housing market stabilization moving into 2026 as buyers respond to more favorable conditions.
Read at Boston Condos For Sale Ford Realty
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