Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Mar 2013 |
Release Date | Apr. 29. 13 |
Reported | 1.5 |
Consensus for Current Period | 0.7 |
Number of Forecasts | |
Economic Surprise | 0.8 ( 114.29 % ) |
Prior Period | Feb 2013 |
Reported Value for Prior Period | -0.4 |
Revised From | |
Next Release Date | May. 30. 13 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/news-releases/2013/04/march-pending-home-sales-improve-but-overall-pace-leveling |
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. |