We Called it. Home Prices Did NOT Crash! Prices Still Going UP!
More buyers than sellers in the real estate market turned a lack of supply of houses for sale into higher prices as people trying to purchase homes chased a dwindling supply. This trend is likely to continue until interest rates start to decline.
Inflation has pushed home prices up as well and strong jobs report and a strong economy has also led to home price predictions to increase as well into 2024.