Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Nov 2010 |
Release Date | Dec. 30. 10 |
Reported | 3.5 |
Consensus for Current Period | 1.5 |
Number of Forecasts | 3 |
Economic Surprise | 2 ( 133.33 % ) |
Prior Period | Oct 2010 |
Reported Value for Prior Period | 10.1 |
Revised From | 10.4 |
Next Release Date | Jan. 27. 11 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2010/12/pending_gradual |
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. |