Details from the December 2015 US existing home sales data report 22 January 2016

  • Prior 4.76m
  • Change +14.7% vs +8.7% exp. Prior -10.5%
  • Inventories 1.79m vs 2.04m prior
  • Sale prices $224,100 vs $220,300 prior

The snap back is possibly due to the catch up from new paperwork regulations that were behind the fall in Nov

It's the least important housing number out of new and pending sales but the market is taking on good news with open arms right now

USDJPY sprints to 118.57 from 118.40

US existing home sales