According to The Kobeissi Letter, US existing home sales fell by 3.1% year-over-year to an annualized 4.0 million units in April 2025—the lowest April figure since 2009, with a month-over-month decrease of 0.5% sharply missing the expected 2.0% increase (source: The Kobeissi Letter, June 8, 2025). This significant drop, led by declines in the West and Northeast, signals sustained economic headwinds in the real estate sector, which could fuel risk-off sentiment across financial markets. Crypto traders should monitor potential shifts in liquidity and investor risk appetite, as weakness in traditional asset classes often prompts increased volatility and safe-haven demand in digital assets.

According to The Kobeissi Letter, US existing home sales dropped 3.1% year-over-year to an annualized 4.0 million in April 2025, marking the lowest April reading since 2009. Month-over-month, sales fell 0.5%, significantly missing the expected 2.0% increase, with declines led by the West and Northeast regions (source: The Kobeissi Letter, June 8, 2025). This housing market weakness signals potential tightening in consumer liquidity, a factor that could pressure risk-on assets like cryptocurrencies as investors reassess exposure amid economic uncertainty.

According to The Kobeissi Letter, US existing home sales dropped by 5.9% month-over-month in March 2025, reaching an annualized rate of 4.02 million, the weakest March figure since 2009 and the largest monthly decline since November 2022 (source: The Kobeissi Letter on Twitter, April 27, 2025). This sharper-than-expected downturn signals growing economic headwinds, which could prompt traders to anticipate increased volatility in both equity and crypto markets as risk sentiment deteriorates and expectations for Federal Reserve policy shifts intensify.