Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Sep 2010 |
Release Date | Nov. 05. 10 |
Reported | -1.8 |
Consensus for Current Period | 2.3 |
Number of Forecasts | 3 |
Economic Surprise | -4.1 ( -178.26 % ) |
Prior Period | Aug 2010 |
Reported Value for Prior Period | 4.4 |
Revised From | 4.3 |
Next Release Date | Dec. 02. 10 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/11/phs_slips |
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. |