Economic EventNew Home Sales
UnitsThousands of Sales
Current PeriodJan 2013
Release DateFeb. 26. 13
Reported437
Consensus for Current Period383
Number of Forecasts54
Economic Surprise54 ( 14.10 % )
Prior PeriodDec 2012
Reported Value for Prior Period378
Revised From369
Next Release DateMar. 26. 13
Next Release Time10:00 AM Eastern Time
Source http://www.census.gov/construction/nrs/pdf/newressales.pdf
Note 
DescriptionNew Home Sales or the pace of new single-family home sales indicates the future course of housing construction. The ratio of the inventory of unsold homes to home sales – which is the month’s supply of the inventory of unsold homes to home sales – which is the month’s supply of homes at the current selling rate – suggests the need for new construction.
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