Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Aug 2010 |
Release Date | Oct. 04. 10 |
Reported | 4.3 |
Consensus for Current Period | 2.9 |
Number of Forecasts | 6 |
Economic Surprise | 1.4 ( 48.28 % ) |
Prior Period | Jul 2010 |
Reported Value for Prior Period | 4.5 |
Revised From | 5.2 |
Next Release Date | Nov. 05. 10 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/10/pending_show |
Note | Pending Home Sales Index = 82.3 |
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. |