According to a Redfin analysis, as of Aug. 8, 2026, touring activity for pending home sales is up 12% from the start of the year. U.S. pending home sales edged up 0.4% week over week during the four weeks leading up to August 9 on a seasonally adjusted basis, offering a boost to this summer’s slow housing market.
Pending sales remain lower, but the latest weekly uptick may reflect normal week-to-week changes, showing signs of a steadying market. On a year-over-year basis, pending sales are down 1.6%.
While rising mortgage rates pose difficulties for would-be buyers, the selling side saw signs of life, with new listings jumping 1.7% from a week earlier, the biggest gain in five months.
