Economic Event | Existing Home Sales |
Units | Millions of units sold |
Current Period | Nov 2010 |
Release Date | Dec. 22. 10 |
Reported | 4.68 |
Consensus for Current Period | 4.73 |
Number of Forecasts | 51 |
Economic Surprise | -0.05 ( -1.06 % ) |
Prior Period | Oct 2010 |
Reported Value for Prior Period | 4.43 |
Revised From | |
Next Release Date | Jan. 20. 11 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/12/existing_prices |
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. |