What the report says

  • Contract signings rose 0.3% from July and fell 4.7% from August 2025.
  • Monthly activity increased in the South and West and declined in the Northeast and Midwest.
  • Pending sales measure signed contracts, not completed transactions; closings may follow one or two months later.

Our investment lens

The national index is an early signal, not a property-level sales forecast. Market-specific contract activity, inventory and financing outcomes shape realized closings.

What to examine next

Track local signed contracts against cancellations and completed sales before changing pricing assumptions.

Source & date

National Association of REALTORS, NAR Pending Home Sales Report Shows 0.3% Increase in August, September 17, 2026.

Original source: https://www.nar.realtor/newsroom/nar-pending-home-sales-report-shows-0-point-3-percent-increase-in-august

This on-site briefing summarizes third-party reporting and adds an independent investment perspective. It does not describe a current Prestige assignment.

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