According to The Kobeissi Letter, the number of unsold completed single-family homes in the US jumped by 31,000 year-over-year in March 2025, reaching 119,000, the highest level since July 2009 (source: The Kobeissi Letter, April 28, 2025). Over the past three years, unsold completed homes have tripled, now accounting for roughly 12% of housing starts. For real estate investors and traders, this spike in unsold inventory signals potential downward pressure on home prices and could impact related equities, REITs, and construction sector stocks. Monitoring inventory trends is critical for trading strategies in housing and housing-linked assets.

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.

According to The Kobeissi Letter, the Washington DC housing market has seen a significant increase in home inventory, reportedly growing by 35.8% year-over-year in January 2025. This surge is attributed to job cuts in the DOGE sector. For context, the inventory growth was 23.8% during the financial crisis in May 2008, illustrating the current market's exceptional conditions. Such an increase in supply could lead to price adjustments, affecting trading strategies in the real estate market as investors reassess the impact of cryptocurrency sector layoffs on property values.