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 median US monthly housing payment has risen by 2.5% year-over-year, reaching a record $2,819 per month. This marks a significant increase of $570, or 25%, over the past three years, attributed to escalating median home prices and rising interest rates, impacting mortgage affordability.

According to The Kobeissi Letter, the combined value of US homes surged by $2.5 trillion in 2024, reaching a near-record $49.7 trillion. Since 2012, the total value of homes has increased by 150%. Millennials' homeownership value rose 19% year-over-year to $9.7 trillion, accounting for approximately 20% of the housing market.

According to The Kobeissi Letter, the median price of new homes in the US increased by $31,000 in January to $446,300, marking the second-highest level on record. This spike follows the previous record of $460,300 in October 2022. Consequently, new home sales declined by 10.5%, indicating potential market cooling due to higher prices.

According to The Kobeissi Letter, approximately 73,000 homes were delisted in December after failing to attract buyers, marking the highest number in 9 years. This represents a 64% increase from about 44,500 homes removed from the market in December 2023, indicating a potential slowdown in the housing market. This trend may affect investor sentiment and market strategies in real estate-focused portfolios.

According to The Kobeissi Letter, the average US home is now selling for 1.8% less than its asking price, marking the largest discount in two years. This trend suggests a softening in the housing market, which could influence real estate investment strategies. Furthermore, the average selling time has extended to approximately 56 days, the longest in five years, indicating a cooling market that traders and investors should monitor for potential shifts in pricing dynamics.

According to The Kobeissi Letter, the average US home is now selling for 1.8% less than its asking price, marking the largest discount in two years. This development is significant for traders as it reflects a shift in market dynamics, indicating potential opportunities for real estate investors. Additionally, the average time for a typical home to sell has increased to approximately 56 days, the longest span in five years, which may affect housing market liquidity and pricing strategies.