| Economic Event | Existing Home Sales |
| Units | Millions of units sold |
| Current Period | Dec 2011 |
| Release Date | Jan. 20. 12 |
| Reported | 4.61 |
| Consensus for Current Period | 5 |
| Number of Forecasts | 59 |
| Economic Surprise | -0.39 ( -7.80 % ) |
| Prior Period | Nov 2011 |
| Reported Value for Prior Period | 4.39 |
| Revised From | 4.42 |
| Next Release Date | Feb. 22. 12 |
| Next Release Time | 10:00 AM Eastern Time |
| Source | http://www.realtor.org/press_room/news_releases/2012/01/ehs_dec |
| 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. |