Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Jun 2011 |
Release Date | Jul. 28. 11 |
Reported | 2.4 |
Consensus for Current Period | -2.3 |
Number of Forecasts | 5 |
Economic Surprise | 4.7 ( 204.35 % ) |
Prior Period | May 2011 |
Reported Value for Prior Period | 8.2 |
Revised From | |
Next Release Date | Aug. 29. 11 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/press_room/news_releases/2011/07/rise_june |
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. |