Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Sep 2012 |
Release Date | Oct. 25. 12 |
Reported | 0.3 |
Consensus for Current Period | 3 |
Number of Forecasts | 1 |
Economic Surprise | -2.7 ( -90.00 % ) |
Prior Period | Aug 2012 |
Reported Value for Prior Period | -2.6 |
Revised From | |
Next Release Date | Nov. 29. 12 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/news-releases/2012/10/september-pending-home-sales-show-slight-improvement |
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. |