US: Existing Home Sales fall by 4.6% in December

Existing home sales dropped 4.6% in December.
The data did not result in an FX market reaction.

Joel Frank Independent Analyst

US Existing Home sales fell by 4.6% in December according to data published by the National Association of Realtors on Monday. That took the 12-month rolling number of sales lower to 6.18M from 6.48M in November, lower than the expected 6.44M. The median price of homes sold was $358K, up 15.8% YoY.

Market Reaction

FX markets did not react to the latest housing market data.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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