Economic EventPending Home Sales
UnitsPercentage Change from Previous Period
Current PeriodDec 2012
Release DateJan. 28. 13
Consensus for Current Period2
Number of Forecasts1
Economic Surprise-6.3 ( -315.00 % )
Prior PeriodNov 2012
Reported Value for Prior Period1.6
Revised From1.7
Next Release DateFeb. 27. 13
Next Release Time10:00 AM Eastern Time
DescriptionIt 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.
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