According to The Kobeissi Letter, there are currently nine times more new homes available for sale than the average number sold per month, marking the highest discrepancy since 2022. This implies a significant imbalance in the housing market, as it would take approximately nine months to sell the existing inventory at the current sales pace. Such a surplus could potentially affect housing prices and market dynamics, making it a crucial factor for real estate investors to monitor.

According to The Kobeissi Letter, there are currently nine times more new homes for sale than the average number sold per month, marking the highest level since 2022. This indicates it would take nine months to clear the current inventory at the existing sales pace, as reported by Reventure.