October's U.S. new home sales came in at 737K units, beating the forecast of 715K. Month-over-month, sales showed minimal decline at -0.1%, defying expectations of a steeper -10.6% dip.

Median sale prices reveal an interesting picture: the market settled at $392.3K, marking a pullback from September's $413.5K. However, year-over-year comparison tells another story—prices remain elevated, up 1.9% compared to August 2024.

The resilience in new home sales despite earlier bearish predictions suggests housing demand hasn't collapsed as some feared. That said, the median price decline signals potential affordability stress or shifting buyer sentiment. For crypto investors monitoring macro conditions, these mixed signals reinforce the complex state of traditional asset markets and liquidity dynamics heading into the final quarter.