Why U.S. Home Sales Ended 2025 on a High Note

P.M. Edition for Jan. 14. U.S. existing home sales rose 5.1% in December, their biggest gain in two years. Journal reporter Nicole Friedman discusses what’s driving the gains in the struggling housing market and whether the momentum can continue. Plus, the U.S. military is evacuating some personnel from Al Udeid Air Base in Qatar as President Trump considers a strike on Iran. And earnings from some of the biggest U.S. banks such as Bank of America, Citigroup and Wells Fargo show strong consumer spending in the fourth quarter. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.