Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Nov 2009 |
Release Date | Jan. 05. 10 |
Reported | -16 |
Consensus for Current Period | 0.3 |
Number of Forecasts | 2 |
Economic Surprise | -16.3 ( -5433.33 % ) |
Prior Period | Oct 2009 |
Reported Value for Prior Period | 3.9 |
Revised From | 3.7 |
Next Release Date | Feb. 02. 10 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/01/pending_surge/ |
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. |