Urgent.. Home sales in the United States are positive and exceed expectations.

The data released today, Thursday, by the National Association of Realtors in the United States, highlighted positive trends in existing home sales for the month of October, with figures surpassing market expectations.

According to the data released today, existing home sales rose by approximately 3.4% by the end of October on a monthly basis, with the volume of existing home sales in the U.S. reaching 3.96 million units. This figure was higher than market expectations, which pointed to about 3.93 million units, while existing home sales in September had recorded 3.84 million units.

It is worth noting that this indicator measures the year-on-year change in the number of existing residential buildings sold during the past month. This report contributes to assessing the strength of the U.S. housing market and reflects the overall strength of economic growth.

Although this indicator's data is monthly and published on an annual basis, existing home data represents the majority of total home sales in the U.S. housing market. Therefore, it typically has a greater impact on new home sales and usually affects the movements of the U.S. dollar, particularly the euro-dollar pair.