Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodMay 2010
Release DateJun. 22. 10
Reported5.66
Consensus for Current Period6.12
Number of Forecasts42
Economic Surprise-0.46 ( -7.52 % )
Prior PeriodApr 2010
Reported Value for Prior Period5.79
Revised From5.77
Next Release DateJul. 22. 10
Next Release Time10:00 AM Eastern Time
Source http://www.realtor.org/press_room/news_releases/2010/06/may_strong_pace
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.
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