Economic Event | Existing Home Sales |
Units | Millions of units sold |
Current Period | Oct 2010 |
Release Date | Nov. 23. 10 |
Reported | 4.43 |
Consensus for Current Period | 4.46 |
Number of Forecasts | 58 |
Economic Surprise | -0.03 ( -0.67 % ) |
Prior Period | Sep 2010 |
Reported Value for Prior Period | 4.53 |
Revised From | |
Next Release Date | Dec. 22. 10 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/11/october_retreat |
Note | |
Description | This 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. |