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