Economic EventPending Home Sales
UnitsPercentage Change from Previous Period
Current PeriodDec 2010
Release DateJan. 27. 11
Reported2
Consensus for Current Period2.9
Number of Forecasts4
Economic Surprise-0.9 ( -31.03 % )
Prior PeriodNov 2010
Reported Value for Prior Period3.1
Revised From3.5
Next Release DateFeb. 28. 11
Next Release Time10:00 AM Eastern Time
Source http://www.realtor.org/press_room/news_releases/2011/01/phs_continue
Note 
DescriptionIt 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.
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