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When Will Home Prices Stop Increasing?

When COVID-19 first appeared, people speculated there could be another 2008-like recession that could affect the housing market; after all, much of the country was in lockdown and not out shopping. Not only did a recession not happen then but the United States has been in a seller's market ever since COVID-19 hit. The housing market usually corrects itself, finding the right balance between a buyer's and seller's market.