Economic EventExisting Home Sales
UnitsMillions of units sold
Current PeriodMar 2013
Release DateApr. 22. 13
Consensus for Current Period5.02
Number of Forecasts54
Economic Surprise-0.1 ( -1.99 % )
Prior PeriodFeb 2013
Reported Value for Prior Period4.95
Revised From4.98
Next Release DateMay. 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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