Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Feb 2013 |
Release Date | Mar. 27. 13 |
Reported | -0.4 |
Consensus for Current Period | 3 |
Number of Forecasts | 1 |
Economic Surprise | -3.4 ( -113.33 % ) |
Prior Period | Jan 2013 |
Reported Value for Prior Period | 4.5 |
Revised From | |
Next Release Date | Apr. 29. 13 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/news-releases/2013/03/pending-home-sales-slip-on-constrained-inventory |
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. |