According to The Kobeissi Letter, for the four weeks ending June 8th, the median US home list price reached $425,950 while the median sale price was $397,000, resulting in a record gap of $28,950 below list price (source: The Kobeissi Letter, June 20, 2025). This widening gap suggests increasing negotiation power for buyers and a cooling real estate market, which could influence investor sentiment and liquidity flows. Historically, reduced confidence in real estate has sometimes led to increased capital allocation into alternative assets, including cryptocurrencies like BTC and ETH, as traders seek higher returns and portfolio diversification.

According to The Kobeissi Letter, the average age of a house purchased in the US reached a record 36 years in 2024, up from 27 years in 2012 (source: Twitter/@KobeissiLetter, May 15, 2025). This trend, especially pronounced in cities like Buffalo, NY with homes averaging 69 years, indicates a slowdown in new home construction. For traders, this signals potential shifts in capital flow from traditional real estate into alternative assets such as cryptocurrencies, as investors seek growth opportunities outside aging physical assets. Monitoring these demographic and real estate trends can help crypto market participants identify periods of increased inflows and evolving risk profiles.