Pending home sales in the U.S. fell 3.5% week-over-week to their lowest level in almost three years, signaling reduced buyer demand and less competition. Despite a slight decline in new listings, inventory remains higher than last year, giving buyers more choices and negotiating power. Home prices remain stable with a 2% year-over-year increase, while sellers adjust expectations amid high mortgage rates. This market environment favors buyers who can afford to wait, as lower mortgage rates could quickly deplete inventory and reignite bidding wars.
Redfin's report on U.S. pending home sales comes with Pluang market data as of Sep 17, 2026 17:11 WIB. For readers following Real Estate-sector stocks, 14 of 22 priced US stocks rose while 4 fell. Notable movers include PLD at USD 134.35 with a 0.44% increase and 100% buy order activity, O at USD 57.39 with a 0.42% rise and a 55% buy order activity, and OPEN at USD 2.60 with a 0.39% gain despite 82% sell order activity. The most notable figure is PLD's full buy-side order activity on Pluang.
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