U.S. existing home sales just crushed expectations in December. The month-on-month reading came in at 5.1%—way hotter than November's 0.5% and well above the 2.2% forecast. This kind of jump in housing activity can signal stronger economic momentum, which typically ripples through risk assets including crypto markets. When housing data surprises to the upside like this, it often influences Fed policy expectations and investor appetite for alternative investments. Worth keeping an eye on how this plays into the broader macro picture for digital asset volatility.
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U.S. existing home sales just crushed expectations in December. The month-on-month reading came in at 5.1%—way hotter than November's 0.5% and well above the 2.2% forecast. This kind of jump in housing activity can signal stronger economic momentum, which typically ripples through risk assets including crypto markets. When housing data surprises to the upside like this, it often influences Fed policy expectations and investor appetite for alternative investments. Worth keeping an eye on how this plays into the broader macro picture for digital asset volatility.