December US existing home sales exceeded expectations, reaching 4.35 million versus an estimated 4.21 million. What is particularly notable is the 5.1% month-over-month increase, well above the forecast of 2.2%. This positive momentum in the US real estate market warrants attention — it reflects a certain economic resilience that generally influences risk asset appetites, including cryptocurrency markets. When the residential market shows strength, it tends to boost overall investor confidence.
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December US existing home sales exceeded expectations, reaching 4.35 million versus an estimated 4.21 million. What is particularly notable is the 5.1% month-over-month increase, well above the forecast of 2.2%. This positive momentum in the US real estate market warrants attention — it reflects a certain economic resilience that generally influences risk asset appetites, including cryptocurrency markets. When the residential market shows strength, it tends to boost overall investor confidence.