| Description:
Existing
Homes Sales
The most closely followed housing statistic by the markets is Existing
Homes sales compiled by the NAR (National Association of Realtors).
Existing-Home Sales data come out On or about the 25th of each month.
The report contains statistics on sales and prices of existing
single-family homes for the nation and the four regions. These figures
include condos and co-ops, in addition to single-family homes.
Pending
Homes Sales
The Pending Homes sales index is produced monthly by the NAR. Pending
Home Sales become Existing-Home Sales one-to-two months later.
The index derived from Pending Home Sales is used to predict Existing
Home Sales, which is the most important U.S. housing statistic.
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