A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. rebounded by much more than expected in the month of February.
NAR said existing home sales spiked by 14.5 percent to an annual rate of 4.58 million in February after falling by 0.7 percent to a rate of 4.00 million in January. Economists had expected existing home sales to climb to an annual rate of 4.17 million.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.