(update with details)
Pending home sales in the US fell more than expected month-on-month in September.
On a monthly basis, pending home sales fell 7.3 percent (+0.3), compared with the LSEG analyst consensus, which expected a decline of 0.5 percent.
The decline coincided with the average interest rate on 30-year mortgages rising from approximately 6.8 to 7.6 percent during September, according to Mortgage News Daily.
Sales declined in all regions, with the largest declines in the western US and southern US, at 9.2 and 8.2 percent, respectively, compared with the previous month.
US, %September, 2026ConsensusAugust, 2026Pending home sales, MoM-7.3-0.50.3Consensus data from LSEG
