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The Kobeissi Letter
The Kobeissi Letter|Apr 15, 2025 13:54
BREAKING: The number of new single-family homes for sale has surged to 500,000 in February, the highest since November 2007. The number of new homes on the market has more than TRIPLED over the last 13 years, from a low of 142,000. Excluding the 2006 housing bubble this is, by far, the largest supply of new homes in history. Meanwhile, new single-family homes for sale in the south fell 8,000 to 296,000, near an all-time high. This is higher than the 291,000 seen in 2006, a year before the housing market crash began. Are price cuts coming to the housing market?
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May 15, 13:27【BTC's dominant position declines, ETH and alts rise】
May 15, 13:15【US industrial production remains unchanged in April】
May 15, 13:14【Has DOGE started working yet? The number of unemployment applications has surged】
May 15, 13:10【Futures are about to shift from red to green】
May 15, 12:38【PPI annual decline lower than market expectations】
May 15, 12:33【PPI increased by 2.4% year-on-year, lower than expected】
May 15, 12:23【US Treasury borrowing demand increases to $514 billion】
May 15, 12:20【PPI data drops in April, market prepares to impact】
May 15, 11:00【BTC's advantage reached a peak of 64.4% on May 8th】
May 15, 09:30【The counterfeit coin craze may arrive in June】

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