Pending Home Sales Sink to 5-Month Low As Mortgage Rates Rise
Monday, August 10th, 2026
The number of homes going under contract fell 3.7% week over week nationwide—the steepest decline since 2022—as would-be buyers pressed pause amid high mortgage rates. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
Redfin is taking a break from analysis this week, but please see the tables and charts below for this week's housing-market data.
Leading indicators
Key housing-market data
To view the full report, including charts, please visit:
https://www.redfin.com/news/housing-market-update-homebuying-demand-stalls-summer
