Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodJan 2011
Release DateFeb. 23. 11
Reported5.36
Consensus for Current Period5.19
Number of Forecasts59
Economic Surprise0.17 ( 3.28 % )
Prior PeriodDec 2010
Reported Value for Prior Period5.22
Revised From5.28
Next Release DateMar. 21. 11
Next Release Time10:00 AM Eastern Time
Source http://www.realtor.org/press_room/news_releases/2011/02/january_above
Note 
DescriptionThis 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.
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