Pending Home Sales Increase as Home Values Continue to Accelerate in Most Areas.

Pending Home Sales Increase as Home Values Continue to Accelerate
Pending home sales, which measures signed contracts on existing homes, rose by 6.1% in March 2025 which was the largest monthly increase since December 2023—according to the National Association of REALTORS®. Falling mortgage rates and seasonal trends contributed to the surge, along with an 8.1% increase in housing inventory.

The Case-Shiller Home Price Index, which tracks how home prices change, showed prices went up 0.3% in February. Compared to last year, home prices are up 3.9%. That’s a bit slower than the 4.1% reported before because prices were rising faster at this time last year.
Big cities are doing even better. The 10 biggest cities saw prices go up 5.2%, and the 20 biggest rose 4.5%.

The FHFA, which tracks home appreciation on single-family homes with conforming loan amounts, showed prices rose 0.1% in February. Year over year, prices are up 3.9%, down from 5% in the last report. That’s because last year’s numbers were much stronger.

Overall, home prices are still going up each month, but not as fast as they were last year.