Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Mar 2010 |
Release Date | May. 04. 10 |
Reported | 5.3 |
Consensus for Current Period | 5.8 |
Number of Forecasts | 2 |
Economic Surprise | -0.5 ( -8.62 % ) |
Prior Period | Feb 2010 |
Reported Value for Prior Period | 8.3 |
Revised From | 8.2 |
Next Release Date | Jun. 02. 10 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/05/phs_upswing |
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. |