Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Oct 2009 |
Release Date | Dec. 01. 09 |
Reported | 3.7 |
Consensus for Current Period | 0.3 |
Number of Forecasts | 2 |
Economic Surprise | 3.4 ( 1133.33 % ) |
Prior Period | Sep 2009 |
Reported Value for Prior Period | 6 |
Revised From | 6.1 |
Next Release Date | Jan. 05. 10 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2009/12/nine_sales |
Note | |
Description | It is designed to be a leading indicator of housing activity. The index measures housing contract activity. It is based on signed real estate contracts for existing single-family homes, condos and co-ops. A signed contract is not counted as a sale until the transaction closes. |