| Economic Event | Pending Home Sales |
| Units | Percentage Change from Previous Period |
| Current Period | Jan 2011 |
| Release Date | Feb. 28. 11 |
| Reported | -2.8 |
| Consensus for Current Period | -1.6 |
| Number of Forecasts | 4 |
| Economic Surprise | -1.2 ( -75.00 % ) |
| Prior Period | Dec 2010 |
| Reported Value for Prior Period | -3.2 |
| Revised From | 2 |
| Next Release Date | Mar. 28. 11 |
| Next Release Time | 10:00 AM Eastern Time |
| Source | http://www.realtor.org/press_room/news_releases/2011/02/phs_mod |
| 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. |