New single-family home sales in the US rose to a seasonally adjusted annual rate of 628,000 units in July 2026, marking a 1.6% increase from the revised May rate of 618,000. This uptick, however, hides a 5.6% year-over-year decline from the 665,000 units recorded in July 2025, with the median new home price slipping to $398,300, down 3.3% from the prior month. For crypto investors, housing data primarily matters through its influence on the Federal Reserve, as weakening housing conditions bolster the case for rate cuts. Additionally, the FHFA has directed Fannie Mae and Freddie Mac to count cryptocurrency holdings as qualifying assets when evaluating mortgage applications.
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