Economic Event | Pending Home Sales |
Units | Percentage Change from Previous Period |
Current Period | Oct 2013 |
Release Date | Nov. 25. 13 |
Reported | -0.6 |
Consensus for Current Period | 2 |
Number of Forecasts | 1 |
Economic Surprise | -2.6 ( -130.00 % ) |
Prior Period | Sep 2013 |
Reported Value for Prior Period | -4.6 |
Revised From | -5.6 |
Next Release Date | Dec. 30. 13 |
Next Release Time | 10:00 AM Eastern Time |
Source | http://www.realtor.org/news-releases/2013/11/october-pending-home-sales-down-again-but-expected-to-level-out |
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. |