Redfin: US pending home sales rise 0.4% in early August as market shows flicker of life

Reuters2026/08/13 12:11

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Redfin flagged a tentative early-August uptick in US housing activity, though demand remained subdued amid elevated mortgage rates.
Pending home sales rose 0.4% week over week for the four weeks ended Aug. 9, though they fell 1.6% year over year.
New listings increased 1.7% week over week, the biggest gain in five months, lifting total active listings 0.7%.
Freddie Mac’s weekly average 30-year fixed mortgage rate ran at 6.69%, the highest in over a year.
The median monthly housing payment rose 1.7% year over year to $2,626, keeping many buyers on the sidelines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redfin Corporation published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Redfin: US pending home sales rise 0.4% in early August as market shows flicker of life

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