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

Data released today, Thursday, by the National Association of Realtors in the United States, indicates positive results for existing home sales in November, with readings outperforming market expectations.

According to the data released today, existing home sales rose by about 4.8% at the end of November on a monthly basis, with the volume of existing home sales in the U.S. reaching 4.15 million units, which is higher than market expectations of around 4.07 million units. Existing home sales in October were recorded at 3.96 million units.

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

Although the data for this indicator is released monthly and is reported on an annual basis, existing home sales represent a majority of total home sales in the U.S. housing market. Therefore, they typically have a greater impact on new home sales and usually affect movements in the U.S. dollar, especially the euro-dollar pair.