Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodMar 2011
Release DateApr. 20. 11
Reported5.1
Consensus for Current Period5
Number of Forecasts56
Economic Surprise0.1 ( 2.00 % )
Prior PeriodFeb 2011
Reported Value for Prior Period4.92
Revised From4.88
Next Release DateMay. 19. 11
Next Release Time10:00 AM Eastern Time
Source http://www.realtor.org/press_room/news_releases/2011/04/rise_march
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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