{"id":244933,"date":"2026-01-14T21:56:08","date_gmt":"2026-01-14T21:56:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/244933\/"},"modified":"2026-01-14T21:56:08","modified_gmt":"2026-01-14T21:56:08","slug":"existing-home-sales-pop-in-december","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/244933\/","title":{"rendered":"Existing home sales pop in December"},"content":{"rendered":"<p>Summary<\/p>\n<p>Existing home sales jumped 5.1% to a 4.35 million unit pace in December, the fourth consecutive monthly gain. As shown in the chart below, resales have trended higher in recent months, a rise presaged by a gentle climb in mortgage purchase applications. Slightly lower mortgage rates and improved supply explain the uptick.<\/p>\n<p>We note that 30-year mortgage rates have eased further to roughly 6% since the Trump administration announcement of GSE MBS purchases, and so a near-term continuation of this trend would not be surprising. As outlined in the latest\u00a0monthly update\u00a0we published this morning, we are not expecting a significant decline in mortgage <a href=\"https:\/\/www.fxstreet.com\/rates-charts\/rates\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">rates<\/a> from here, however. This means home sales, though on the mend, are not likely to show a lot of energy in the year ahead.<\/p>\n<p><img alt=\"\" loading=\"lazy\" width=\"947\" height=\"727\" decoding=\"async\" data-nimg=\"1\" class=\"\" style=\"color:transparent\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/175329_bb0ee592-a337-4c18-b43b-0338ab459d0b-1768411647358-1768411647358.svg\"\/><\/p>\n<p><a href=\"https:\/\/externalcontent.blob.core.windows.net\/pdfs\/pdfs\/WellsFargo14012026.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Download the Full Report!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Summary Existing home sales jumped 5.1% to a 4.35 million unit pace in December, the fourth consecutive monthly&hellip;\n","protected":false},"author":2,"featured_media":244934,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-244933","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/244933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=244933"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/244933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/244934"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=244933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=244933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=244933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}