| Economic Event | Existing Home Sales |
| Units | Millions of units sold |
| Current Period | Jul 2011 |
| Release Date | Aug. 18. 11 |
| Reported | 4.67 |
| Consensus for Current Period | 4.99 |
| Number of Forecasts | 45 |
| Economic Surprise | -0.32 ( -6.41 % ) |
| Prior Period | Jun 2011 |
| Reported Value for Prior Period | 4.84 |
| Revised From | 4.77 |
| Next Release Date | Sep. 21. 11 |
| Next Release Time | 10:00 AM Eastern Time |
| Source | http://www.realtor.org/press_room/news_releases/2011/08/july_ehs |
| 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. |