| Economic Event | Existing Home Sales |
| Units | Millions of units sold |
| Current Period | Dec 2010 |
| Release Date | Jan. 20. 11 |
| Reported | 5.28 |
| Consensus for Current Period | 4.85 |
| Number of Forecasts | 56 |
| Economic Surprise | 0.43 ( 8.87 % ) |
| Prior Period | Nov 2010 |
| Reported Value for Prior Period | 4.7 |
| Revised From | 4.68 |
| Next Release Date | Feb. 23. 11 |
| Next Release Time | 10:00 AM Eastern Time |
| Source | http://www.realtor.org/press_room/news_releases/2011/01/sharp_rise |
| 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. |