| Economic Event | Pending Home Sales |
| Units | Percentage Change from Previous Period |
| Current Period | Mar 2012 |
| Release Date | Apr. 26. 12 |
| Reported | 4.1 |
| Consensus for Current Period | 1.5 |
| Number of Forecasts | 4 |
| Economic Surprise | 2.6 ( 173.33 % ) |
| Prior Period | Feb 2012 |
| Reported Value for Prior Period | 1 |
| Revised From | -0.5 |
| Next Release Date | May. 30. 12 |
| Next Release Time | 10:00 AM Eastern Time |
| Source | http://www.realtor.org/press_room/news_releases/2012/03/phs_feb |
| 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. |