The US Pending Home Sales for October came in at 3.7%; better than the forecasted reading of -1.0% but worse than the prior reading of 6.0% from 6.1%, while for the year ending October it climbed up to 28.6% from 19.8%.

Moreover, these US Pending Home Sales for October rose in several areas across the country, climbing to 19.9% from -2.0% in the Northeast and to 11.6% from 8.1% in the Midwest, while the pending home sales rose slightly to 5.4% from 4.7% in the south area but plunged to -11.2% from 10.2% within the west.