No weep screed in brand new home?

[ryoung7 (ROBERT YOUNG, CMI)]

@jpope

Stucco is porous. Whether the weep-screed is visible or covered with stucco, moisture will wick out as intended. The holes at the bottom of the weep-screed are there to allow any moisture that may have somehow made its way behind the flashing, to “drain” out rather than being trapped in the wall.

Hi Jeff. If I may add.
Moisture condensation.
Weep screeds allow bulk water to be dispersed between the channels attached to the substrate.