According to The Kobeissi Letter, the US housing market is showing clear signs of a slowdown, with home prices rising only 4.5% year-over-year in Q1 2025, marking the smallest increase since Q3 2023. Moody’s forecasts further deceleration, projecting home prices to rise by 3.6% in Q2 and 2.5% in Q3 of 2025 (source: The Kobeissi Letter, Twitter, April 25, 2025). Traders should note that the cooling price growth could impact related equities, REITs, and real estate-backed tokens as market sentiment adjusts to lower appreciation rates. Monitoring these trends is critical for those trading housing market ETFs and crypto assets linked to real estate.