Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Jun 2012 |
Release Date | Jul. 26. 12 |
Reported | -1.4 |
Consensus for Current Period | 0.2 |
Number of Forecasts | 3 |
Economic Surprise | -1.6 ( -800.00 % ) |
Prior Period | May 2012 |
Reported Value for Prior Period | 5.4 |
Revised From | 5.9 |
Next Release Date | Aug. 29. 12 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/news-releases/2012/07/pending-home-sales-slip-in-june-remain-above-a-year-ago |
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. |