Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Dec 2012 |
Release Date | Jan. 28. 13 |
Reported | -4.3 |
Consensus for Current Period | 2 |
Number of Forecasts | 1 |
Economic Surprise | -6.3 ( -315.00 % ) |
Prior Period | Nov 2012 |
Reported Value for Prior Period | 1.6 |
Revised From | 1.7 |
Next Release Date | Feb. 27. 13 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/news-releases/2012/10/pending-home-sales-down-in-december-but-remain-on-uptrend |
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. |