US existing home pending sales surged beyond expectations in November, signaling renewed buyer appetite amid easing mortgage rates and stabilizing prices. The uptick suggests that incremental improvements in lending conditions and housing valuations are starting to shift sentiment in the real estate market. For those tracking macro indicators, this kind of economic resilience—or lack thereof—often ripples through broader asset markets. When housing markets show strength, it typically reflects consumer confidence and purchasing power, which can influence risk appetite across multiple asset classes including crypto. The momentum here indicates buyers are testing the waters again after months of caution.