GeneralBearishCrypto Briefing · 4h ago6/10
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US existing home sales rise to 4.02M in April, missing expectations as housing market limps along
US existing home sales reached 4.02M in April, falling short of market expectations and underscoring the housing market's continued weakness. High mortgage rates and the 'lock-in effect'—where homeowners with low fixed-rate mortgages resist selling—are constraining transaction volumes and slowing recovery momentum.
