Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Dec 2010 |
Release Date | Jan. 27. 11 |
Reported | 2 |
Consensus for Current Period | 2.9 |
Number of Forecasts | 4 |
Economic Surprise | -0.9 ( -31.03 % ) |
Prior Period | Nov 2010 |
Reported Value for Prior Period | 3.1 |
Revised From | 3.5 |
Next Release Date | Feb. 28. 11 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2011/01/phs_continue |
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. |