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More homes went under contract in 'late spring buyer rush'
Key takeaways
- The Pending Home Sales Index rose 4.8% from a year earlier in May, and was up 3.8% month over month, according to National Association of Realtors figures released on Wednesday.
- Sales were up from last year in all parts of the country, led by a 9.3% jump in the Midwest, which homebuyers have sought out for its relative affordability compared to places like the Northeast.
- Read more: How to get the lowest mortgage rates right now
More homes went under contract in 'late spring buyer rush' Claire Boston · Senior Reporter Wed, June 17, 2026 at 9:04 PM GMT+7 1 min read Home contract signings picked up in May, the latest sign that homebuyers shrugged aside concerns about high mortgage rates and elevated inflation this spring.
The Pending Home Sales Index rose 4.8% from a year earlier in May, and was up 3.8% month over month, according to National Association of Realtors figures released on Wednesday.
Sales were up from last year in all parts of the country, led by a 9.3% jump in the Midwest, which homebuyers have sought out for its relative affordability compared to places like the Northeast.
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