The US housing market is showing signs of weaker buyer activity as pending home sales fell 0.2% year over year in August 2026, according to Realtor.com. The decline ended an eight-month streak of annual growth and marked the first year-over-year drop since November 2025. Pending sales, which represent homes that are under contract and help indicate the pace of future completed transactions, had remained in positive territory for eight consecutive months. Growth had reached 4.8% in May before slowing in subsequent months.

 

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