10Y UST5.09%-0.20%30Y MTG7.40%SOFR3.87%-0.26%VNQ$92.25+1.69%XLRE$42.38+1.69%FED FUNDS3.88%
Real Estate Trail
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HousingWire

NAR pending home sales index falls to record low in September

Via HousingWire · October 20, 2026
Compiled by Real Estate Trail Editorial · October 20, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

Excerpt from HousingWire:
HousingWire Intelligence data showed 51,947 new pending single family sales for Oct. 16 week, down 13.1% year over year
Read the full article at HousingWire →

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