US pending home sales rise 9.6% year-over-year, hitting highest level since September 2022
Pending home sales in the US have increased by 9.6% year-over-year, reaching their highest level since September 2022. This surge is attributed to a slight decrease in mortgage rates and a rise in buyer interest. However, the market faces challenges with limited inventory and rising prices.
- ▪Pending home sales rose 9.6% year-over-year during the four weeks ending May 10.
- ▪This marks the highest level of pending sales since September 2022.
- ▪Mortgage rates have decreased slightly, encouraging buyers to enter the market.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/16151856/pending-home-sales-hit-highest-level-in-years-what-it-means--1-800x420.jpeg" alt="US pending home sales rise 9.6% year-over-year, hitting highest level since September 2022" class="w-full aspect-[19/10] object-cover" /> US pending home sales rise 9.6% year-over-year, hitting highest level since September 2022 Buyers are returning to the housing market in force, but shrinking inventory and rising prices suggest the window may not stay open for long. Share Add us on Google by Editorial Team May. 16, 2026 The US housing market just posted its strongest pending sales numbers in nearly three years.
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