According to The Kobeissi Letter, the gap between US home sellers and buyers has reached a rare high, with sellers rising to 1,943,669 in April 2025—the highest since March 2020—while buyers fell to 1,453,628, the lowest since April 2020 (source: The Kobeissi Letter, June 4, 2025). This significant divergence in housing market supply and demand is driving liquidity concerns and could prompt investors to seek alternative assets, including cryptocurrencies, for better returns and hedging against real estate volatility. Crypto traders should monitor capital flows as shifting risk appetites may increase digital asset demand in the wake of real estate market uncertainty.

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 median asking home price in the US has surged by 6.3% year-over-year, reaching a record $424,985. This significant increase is approximately $50,000 higher since the start of the year. Additionally, the median sale price rose by 3.0% year-over-year to $383,750. These trends indicate a robust real estate market, potentially impacting mortgage rates and investment strategies.