FX.co ★ US Pending Home Sales Cool in March, Signaling Softer Housing Momentum

Pending home sales growth in the United States slowed in March 2026, easing to 1.5% month-over-month from February’s stronger 2.5% pace. The latest data, updated on 21 April 2026, point to a moderation in contract signings after a more robust advance earlier in the year.

While pending sales continued to rise, the weaker month-over-month gain suggests that some of the recent momentum in the housing market may be fading. February 2026’s 2.5% increase had marked a comparatively stronger rebound versus the prior month, but March’s softer 1.5% gain indicates buyers may be turning more cautious or encountering renewed constraints in affordability and inventory.

On a month-over-month comparison basis, the data show the housing sector still expanding, but at a slower clip. Market participants and analysts will now be watching upcoming housing indicators closely to determine whether March represents the start of a broader cooling trend or a temporary pause following February’s stronger jump in activity.