According to The Kobeissi Letter, the US housing market has seen a significant rise in supply, with total homes for sale jumping 17% year-over-year to 1.9 million in April 2025, reaching the highest level since March 2020. Redfin data highlights a 34% increase in active listings since July 2023 and a 9% rise in new listings. This shift indicates greater liquidity in the real estate market, which could impact investor sentiment and drive increased allocation to digital assets like Bitcoin and Ethereum as alternative stores of value, especially with rising uncertainty in traditional markets (Source: The Kobeissi Letter via Twitter, Redfin). Crypto traders should monitor these macro trends, as expanded housing inventory often signals potential pressure on home prices, which historically correlates with volatility and capital flows into cryptocurrencies.

According to The Kobeissi Letter on Twitter, the US housing market saw the total number of homes for sale increase by 17% year-over-year in April 2025, reaching 1.9 million—the highest level since March 2020. Redfin data shows active listings have climbed by 493,846 homes, or 34%, since July 2023, and new listings are up 9%. This significant rise in housing supply may signal a cooling real estate market, which could influence risk sentiment and liquidity in the broader financial system, including potential shifts in crypto trading volumes as investors rebalance portfolios. Traders should monitor how a softer housing market might affect US consumer confidence and capital flows into digital assets. Source: The Kobeissi Letter, Redfin.