Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodOct 2012
Release DateNov. 19. 12
Consensus for Current Period4.74
Number of Forecasts60
Economic Surprise0.05 ( 1.05 % )
Prior PeriodSep 2012
Reported Value for Prior Period4.69
Revised From4.75
Next Release DateDec. 20. 12
Next Release Time10:00 AM Eastern Time
DescriptionThis 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.
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