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US Existing Homes Sales Pace Expected to Slow Further in July

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The National Association of Realtors' measure of US existing-home sales is expected to slow to a 4.05 million annual rate in July, based on a survey compiled by Bloomberg, after falling by 2.4% to a 4.09 million rate in June.

Existing-home sales were at a 4.03 million rate in July 2025, so the year-over-year change would be up slightly.

The data are scheduled to be released at 10:00 am ET Tuesday.

The pending home sales index, also produced by the NAR, was down 5.4% in June and was 0.3% below its reading a year ago. That measure is taken at contract signing and is meant to foreshadow movements in existing homes closings a month or two out.

Recent mortgage application data from the Mortgage Bankers Association indicated that mortgage rates increased in July.

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