Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodFeb 2013
Release DateMar. 21. 13
Consensus for Current Period5.01
Number of Forecasts58
Economic Surprise-0.03 ( -0.60 % )
Prior PeriodJan 2013
Reported Value for Prior Period4.94
Revised From4.92
Next Release DateApr. 22. 13
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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