- Existing home sales rose sharply by 6.7% in January.
- The data did not result in an FX market reaction.
US Existing Home sales rose sharply by 6.7% in January, according to data published by the National Association of Realtors on Friday. That took the 12-month rolling number of sales higher to 6.50M from 6.09M in December, above the expected 6.10M. The median price of homes sold was $350.3K, up 15.4% YoY.
FX markets did not react to the latest housing market data.