10/13/2026
NAR Pending Home Sales Report Shows 0.3% Increase in August
Pending home sales in August saw a slight month-over-month uptick of 0.3%, according to the latest NAR report. However, when comparing to last year, activity is down 4.7%. The South and West experienced modest gains, while the Northeast and Midwest posted declines—yet every region is feeling the impact of higher mortgage rates, with annual numbers off across the board.
After more than four decades navigating the Middle Tennessee market, I’ve seen how fluctuations like these ripple through our communities. Even small shifts can affect everything from first-time buyers’ confidence to seasoned investors’ strategies. As always, I’m committed to providing steady guidance and honest insight, so you can make well-informed decisions in any market environment.