Economic EventPending Home Sales
UnitsPercentage Change from Previous Period
Current PeriodFeb 2011
Release DateMar. 28. 11
Reported2.1
Consensus for Current Period-0.9
Number of Forecasts4
Economic Surprise3 ( 333.33 % )
Prior PeriodJan 2011
Reported Value for Prior Period-2.8
Revised From 
Next Release DateApr. 28. 11
Next Release Time10:00 AM Eastern Time
Source http://www.realtor.org/press_room/news_releases/2011/03/pending_feb_rise
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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