Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodDec 2009
Release DateJan. 25. 10
Reported5.45
Consensus for Current Period5.94
Number of Forecasts58
Economic Surprise-0.49 ( -8.25 % )
Prior PeriodNov 2009
Reported Value for Prior Period6.54
Revised From 
Next Release DateFeb. 26. 10
Next Release Time10:00 AM Eastern Time
Source http://www.realtor.org/press_room/news_releases/2010/01/december_down
Note 
DescriptionThis indicator is thought to be a good measure of demand in the real-estate sector. Existing home sales is an economic indicator of both the number and prices of existing single family houses, condos and co-op sales over a one-month period. Is a lagging indicator as it tends to react after a change in mortgage rates.
Close Window