
U.S. December existing home sales contracts saw the largest decline since the pandemic began

In December, the U.S. existing home sales index decreased by 1.3% year-on-year and 9.3% month-on-month, marking the largest decline since April 2020. Construction spending in October increased by 0.5% month-on-month. Market risk warning, investment should be cautious, this article does not constitute personal investment advice
The U.S. December existing home sales contract signings saw the largest decline since April 2020. The U.S. December existing home sales contract index decreased by 1.3% year-on-year, compared to a previous value of -0.3%. The U.S. December existing home sales contract index decreased by 9.3% month-on-month, with an expectation of -0.3% and a previous value of 3.3%. The U.S. October construction spending increased by 0.5% month-on-month, with an expectation of 0.1%.
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