November brought some breathing room to the US housing market. Existing home sales picked up momentum as mortgage rates pulled back from their peaks, signaling a potential shift in buyer sentiment.

When mortgage rates ease, it typically ripples across financial markets—not just real estate. Lower borrowing costs can redirect capital flows, influence Fed policy expectations, and reshape asset allocation strategies. For crypto traders watching macro trends, these housing data points matter. They're part of the bigger puzzle of whether we're heading into an environment favoring risk-on assets or if headwinds remain ahead.

The uptick in home sales volume suggests some pent-up demand is returning. Whether this is a sustained recovery or just a seasonal bounce remains to be seen. Keep an eye on how rate movements continue to shape both traditional and digital asset markets in the months ahead.