| Economic Event | Existing Home Sales |
| Units | Millions of units sold |
| Current Period | May 2011 |
| Release Date | Jun. 21. 11 |
| Reported | 4.81 |
| Consensus for Current Period | 4.8 |
| Number of Forecasts | 43 |
| Economic Surprise | 0.01 ( 0.21 % ) |
| Prior Period | Apr 2011 |
| Reported Value for Prior Period | 5 |
| Revised From | 5.05 |
| Next Release Date | Jul. 20. 11 |
| Next Release Time | 10:00 AM Eastern Time |
| Source | http://www.realtor.org/press_room/news_releases/2011/06/may_decline |
| Note | |
| Description | This 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. |