{"id":109258,"date":"2026-03-13T15:30:15","date_gmt":"2026-03-13T22:30:15","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=109258"},"modified":"2026-04-01T14:38:36","modified_gmt":"2026-04-01T21:38:36","slug":"will-house-prices-go-down","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/will-house-prices-go-down\/","title":{"rendered":"When Will House Prices Go Down?"},"content":{"rendered":"<h3><b>Key Takeaways<\/b><\/h3>\n<ul>\n<li aria-level=\"1\"><b>House prices are unlikely to go down on a national level, but they should grow more slowly.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It\u2019s normal for house prices to steadily rise over time\u2014it\u2019s actually abnormal when they fall and can signal a broader economic issue, like a recession or correction.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Home prices surged during the pandemic as buyers took advantage of ultra-low mortgage rates, leaving prices elevated today.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In a few Sun Belt cities like Austin and Nashville, prices are falling after the pandemic boom left them inflated.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It\u2019s no secret that housing today is <\/span><a href=\"https:\/\/www.redfin.com\/blog\/housing-market-year-in-review-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">expensive<\/span><\/a><span style=\"font-weight: 400;\">. Home prices are nearly 50% higher than they were in 2020, while mortgage rates have almost doubled. A shortage of inventory, spike in inflation, and a surge in demand during the pandemic were the leading reasons, pricing many consumers out.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thankfully, the housing market has begun leveling out, and economists say that <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-predictions-2026\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">affordability will improve<\/span><\/a><span style=\"font-weight: 400;\"> over the next few years. House prices are unlikely to fall, but they should grow more slowly, helping wages catch up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, if you\u2019re a homebuyer stuck on the sidelines wondering if house prices will ever go down, this article is for you. We\u2019ll break down why prices are most likely not going to fall, why most economists believe affordability will still improve, and what buyers and sellers can do to win today.\u00a0<\/span><\/p>\n<h2>From Redfin\u2019s Chief Economist<\/h2>\n<p><span style=\"font-weight: 400;\">\u201cHouse prices aren\u2019t going to fall on a national scale any time soon\u2014and that\u2019s actually a good thing. It&#8217;s normal for house prices to rise gradually over time, just as a mild inflation rate is healthy for most economies. The difference is when prices jump all at once like they did during the pandemic housing boom, which sidelined most buyers and sellers. Now, though, affordability is starting to increase because wages have been increasing faster than housing costs since late 2025. We expect this to continue for the foreseeable future.\u201d &#8211; <\/span><a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Daryl Fairweather, Redfin Chief Economist<\/span><\/a><\/p>\n<h2><b>Why are house prices so high?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The pandemic-era economy threw the housing market into overdrive before it fell back down to earth. One result of this was a surge in home prices, which have remained stubbornly <\/span><a href=\"https:\/\/www.redfin.com\/news\/return-to-normal-housing-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">elevated<\/span><\/a><span style=\"font-weight: 400;\"> ever since\u2014straining budgets and keeping many buyers and sellers on the sidelines. According to <\/span><a href=\"https:\/\/www.redfin.com\/news\/data-center\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Redfin data<\/span><\/a><span style=\"font-weight: 400;\">, the typical homebuyer has had to spend well over 30% of their income on housing since March 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Diving a bit deeper, though, there are three primary reasons why home prices are so high today: limited housing inventory, insufficient homebuilding, and volatile mortgage rates. Let\u2019s break these down.<\/span><\/p>\n<p><b>&gt;&gt; Read: <\/b><a href=\"https:\/\/www.redfin.com\/blog\/why-are-houses-so-expensive\/\" data-wpel-link=\"exclude\"><b>Why Are Houses So Expensive?<\/b><\/a><\/p>\n<h3><b>1. Limited housing inventory<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">America has a chronic <\/span><a href=\"https:\/\/www.brookings.edu\/articles\/make-it-count-measuring-our-housing-supply-shortage\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">housing shortage<\/span><\/a><span style=\"font-weight: 400;\">. Estimates range from between <\/span><a href=\"https:\/\/www.freddiemac.com\/research\/forecast\/20240516-economic-growth-moderated-start-year?utm_source=www.resiclubanalytics.com&amp;utm_medium=referral&amp;utm_campaign=u-s-housing-market-is-1-5-million-housing-units-below-a-balanced-market-finds-freddie-mac\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">1.5<\/span><\/a><span style=\"font-weight: 400;\"> to <\/span><a href=\"http:\/\/pewtrusts.org\/en\/research-and-analysis\/articles\/2023\/11\/30\/survey-finds-large-majorities-favor-policies-to-enable-more-housing\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">7 million<\/span><\/a><span style=\"font-weight: 400;\"> homes, with the shortage creeping up at the turn of the century and speeding up following the Great Recession.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When there aren\u2019t enough homes for sale for people who want them, prices rise; when the shortage gets more severe, prices tend to increase even faster. That\u2019s what\u2019s been happening for the last 15 years\u2014and especially the last five years.<\/span><\/p>\n<div id=\"datawrapper-vis-dPuch\" style=\"min-height: 423px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/dPuch\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-dPuch\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/dPuch\/full.png\" alt=\"U.S. Housing Inventory: 2012-2026 (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">When mortgage rates dropped to record lows during the pandemic, buyers took advantage of lower costs and bought up a <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-records-2021\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">large share<\/span><\/a><span style=\"font-weight: 400;\"> of the available homes for sale. This depleted supply and pushed prices to record highs. The effect of this continues to linger.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, inventory is slowly improving, but the volatile and expensive economy is keeping substantial growth at bay. \u201cIt\u2019s a pretty difficult pattern to break,\u201d noted Fairweather. \u201cHigh prices are making it less attractive for homeowners to list their homes for sale, which in turn keeps prices elevated because inventory remains low. A steady increase in new construction at <\/span><a href=\"https:\/\/www.aau.edu\/research-scholarship\/featured-research-topics\/study-finds-us-does-not-have-housing-shortage\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">price points<\/span><\/a><span style=\"font-weight: 400;\"> consumers can afford is the best way to meaningfully bring costs down nationwide.\u201d<\/span><\/p>\n<h3><b>2. Insufficient homebuilding<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The U.S. relies on a steady supply of new houses to support its growing population. Historically, this balance has been relatively stable, with construction <\/span><a href=\"https:\/\/www.huduser.gov\/portal\/hudtimeline_1940.html\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">booms<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.wsj.com\/real-estate\/boomer-millennials-housing-market-2a32a374?gaa_at=eafs&amp;gaa_n=AWEtsqe5jR_rzRadtUyWaauK0FutM3GQblLiZZs1x5E8JCCRB3GzhyHjo-xtxGJIaQw%3D&amp;gaa_ts=69b1e3f0&amp;gaa_sig=l2S_J8gTBkty3nikAyS1nLX_PtNC102oG3K3_6xzlryRia60Xnb6toiBpu3F3xUaZlinjk3zMba-izYY6jSU7A%3D%3D\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">busts<\/span><\/a><span style=\"font-weight: 400;\"> following wars or economic shocks. But ever since the Great Recession, homebuilding has <\/span><a href=\"https:\/\/eyeonhousing.org\/2020\/01\/a-decade-of-home-building-the-long-recovery-of-the-2010s\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">severely<\/span><\/a><span style=\"font-weight: 400;\"> lagged behind demand, meaning there isn\u2019t enough new supply injected into the market. This is one reason why the typical house today is <\/span><a href=\"https:\/\/www.redfin.com\/news\/aging-housing-inventory\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">older than ever.<\/span><\/a><\/p>\n<div id=\"datawrapper-vis-UjLsp\" style=\"min-height: 441px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/UjLsp\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-UjLsp\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/UjLsp\/full.png\" alt=\"U.S. Single-Family Homebuilding Permits: 2012-2026 (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Homebuilding has <\/span><a href=\"https:\/\/www.redfin.com\/news\/category\/housing-market-news\/new-construction\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">ramped up<\/span><\/a><span style=\"font-weight: 400;\"> since the pandemic, but more homeowners have to sell and more homebuilders have to build for the shortage to ease.<\/span><\/p>\n<h3><b>3. Volatile mortgage rates<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Mortgage rates play an integral role in determining housing affordability. The higher the rate, the more expensive the monthly payment is for homebuyers. And when rates are lower, it\u2019s generally more appealing to buy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s what happened during the pandemic, when ultra-low rates incentivized homebuyers to buy a huge number of homes from 2020-2022, depleting inventory and helping prices swell. But that pattern flipped once rates jumped back up.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, the housing market is somewhat <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-plateauing-october-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">stuck<\/span><\/a><span style=\"font-weight: 400;\">, with mortgage rates relatively elevated and prices still high, keeping many buyers out of the market. But as time goes on and more people realize this is the new normal, it\u2019s likely that more consumers will test the waters and look to buy or sell.<\/span><\/p>\n<h2><b>When will house prices go down?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Nationally, house prices are unlikely to go down anytime soon. The housing market is slowly recovering from the volatility over the last few years, and Redfin economists expect prices to grow more slowly moving forward.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cA more accurate question to ask would be \u2018when will housing affordability improve?\u2019,\u201d said Fairweather. \u201cAnd the answer is \u2018right now!\u2019 Wages are growing faster than housing costs, thanks to steadily declining mortgage rates and level house prices. We expect this to continue as the housing market undergoes a prolonged reset for the next few years.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Outside of modest corrections or isolated drops, it\u2019s generally not a good thing when home prices fall. If house prices were to go down, homeowners would lose equity, buyers may pull back out of fear that a crash was coming, and a broader economic shift would likely already be underway.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Across the broader economy, steady price growth paired with rising incomes is what <\/span><a href=\"https:\/\/home.treasury.gov\/news\/featured-stories\/the-purchasing-power-of-american-households?utm_source=chatgpt.com\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">economists view<\/span><\/a><span style=\"font-weight: 400;\"> as a sign of a healthy, expanding economy. A <\/span><a href=\"https:\/\/www.federalreserve.gov\/economy-at-a-glance-inflation-pce.htm\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">mandate<\/span><\/a><span style=\"font-weight: 400;\"> of the U.S. Federal Reserve System (the Fed) is to keep the inflation rate as close to 2% as possible. Shelter costs\u2014i.e. home sale and rental costs\u2014have an <\/span><a href=\"https:\/\/rooseveltinstitute.org\/publications\/shelter-inflation\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">outsized<\/span><\/a><span style=\"font-weight: 400;\"> impact on inflation; their pandemic-era spike is a reason why inflation remains <\/span><a href=\"https:\/\/www.federalreserve.gov\/economy-at-a-glance-inflation-pce.htm\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">above<\/span><\/a><span style=\"font-weight: 400;\"> the Fed\u2019s target.\u00a0<\/span><\/p>\n<h2><b>Are house prices falling anywhere?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Today, house prices are falling primarily in the <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-migration-trends-november-2022\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">most popular<\/span><\/a><span style=\"font-weight: 400;\"> pandemic-era migration destinations\u2014cities like <\/span><a href=\"https:\/\/www.redfin.com\/city\/30818\/TX\/Austin\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Austin<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.redfin.com\/city\/13415\/TN\/Nashville\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Nashville<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.redfin.com\/city\/16657\/TX\/San-Antonio\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">San Antonio<\/span><\/a><span style=\"font-weight: 400;\">. These cities saw large surges in population and buyer activity from 2021-2022, but have since fallen out of popularity as prices grew too high and remote work came to an end. Now, in many of these markets, there are far more <\/span><a href=\"https:\/\/www.redfin.com\/blog\/is-it-a-buyers-or-sellers-market\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">sellers than buyers<\/span><\/a><span style=\"font-weight: 400;\"> in these cities, pushing prices down.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Austin is a <\/span><a href=\"https:\/\/www.redfin.com\/news\/austin-texas-slowest-housing-market\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">prime example<\/span><\/a><span style=\"font-weight: 400;\">. The Texas metro has flipped from the hottest major city in the nation to the coldest in the last three years. Prices have dropped by $150,000 from their peak, and the typical home takes more than 100 days to sell.<\/span><\/p>\n<h2><b>How do falling house prices affect homebuyers and sellers?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">In most cases, waiting for home prices to drop may not be the best strategy. While prices may be falling in some markets, most economists expect them to grow slowly rather than decline nationwide. That means buyers who wait could miss opportunities to negotiate with sellers or lock in a home that fits their needs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said, falling prices can affect buyers and sellers differently.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">For homebuyers<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">At first glance, falling house prices sound like a good thing for homebuyers; they now have to spend less for a home than they thought.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, a drop in house prices is often the result of a larger economic shift\u2014like a market correction or interest rate spike\u2014which can actually make buying a home harder. Buyers may face challenges such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Potentially higher mortgage rates<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced purchasing power<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Greater job uncertainty<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Declining home values, which could make it harder to move in the future<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Because of these factors, waiting for prices to fall doesn\u2019t always work out the way buyers expect.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIf you\u2019re a buyer waiting for prices to fall, you may want to rethink your strategy,\u201d continued Fairweather. \u201cMore sellers are <\/span><a href=\"https:\/\/www.redfin.com\/news\/price-drops-record-rate-august-2025\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">cutting prices<\/span><\/a><span style=\"font-weight: 400;\"> to attract buyers, but only a few cities are actually seeing prices consistently drop\u2014and buyers may not want to invest in a home that is losing value. In most parts of the country, though, now is actually a good time to buy, because competition is low and sellers are willing to negotiate.\u201d<\/span><\/p>\n<p><b><i>&gt;&gt; Read: <\/i><\/b><a href=\"https:\/\/www.redfin.com\/blog\/is-now-a-good-time-to-buy-a-house\/\" data-wpel-link=\"exclude\"><b><i>Is Now a Good Time to Buy a House?<\/i><\/b><\/a><\/p>\n<h3><span style=\"font-weight: 400;\">For home sellers<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Falling house prices can be negative for homeowners and sellers for many reasons:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Their homes are now worth less, since falling prices means declining value<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lower prices often reflect\u2014and can further reduce\u2014buyer demand<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Buyers may be hesitant to purchase a home losing value<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Market uncertainty can make it harder to plan next moves, such as buying another home or relocating<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Additionally, some homeowners may be forced to sell at a loss, especially those who bought during the pandemic peak and now want or need to move. A <\/span><a href=\"https:\/\/www.redfin.com\/blog\/homes-selling-at-a-loss-austin-tx\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Redfin analysis<\/span><\/a><span style=\"font-weight: 400;\"> from 2025 found that nearly 6% of sellers who bought a home from 2020-2022 were at risk of losing money on the sale.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIf home values are falling, that often means the market is resetting or economic volatility is running high\u2014both bad news for sellers,\u201d added Fairweather. \u201cMost buyers may also be wary of making a risky investment, which could make it harder for sellers to close quickly. Thankfully, sellers today can expect home prices to climb slowly and demand to inch back in many markets as affordability improves.\u201d<\/span><\/p>\n<p><b><i>&gt;&gt; Read: <\/i><\/b><a href=\"https:\/\/www.redfin.com\/blog\/should-i-sell-my-house-now\/\" data-wpel-link=\"exclude\"><b><i>Should I Sell My House Now?<\/i><\/b><\/a><\/p>\n<h2><b>Is the housing market crashing?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">No, the housing market is not crashing\u2014although it is slow, expensive, and has gone through a few turbulent years. A crash is generally the result of an economic or financial shock, like a recession, high inflation, or major labor market decline. Crashes often lead to a widespread decline in home prices, buyer activity, and a surge in foreclosures and loan delinquency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most economists agree that the housing market is not going to crash, either, but is instead undergoing a long-term correction that is already underway. House prices will climb slowly or fall in overheated markets, inventory will climb, and buyers will continue to have negotiating power until affordability improves enough for the balance to level out.\u00a0<\/span><\/p>\n<p><b><i>&gt;&gt; Read: <\/i><\/b><a href=\"https:\/\/www.redfin.com\/blog\/is-the-housing-market-going-to-crash\/\" data-wpel-link=\"exclude\"><b><i>Is the Housing Market Going to Crash?<\/i><\/b><\/a><\/p>\n<h2><b>Final thoughts: Prices are leveling out, but won\u2019t drop anytime soon\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">House prices are most likely not going to go down in the near future but will instead return to more \u201cnormal\u201d growth levels. There are a few places where prices are falling, but they are generally limited to cities in the Sun Belt that saw prices skyrocket to unsustainable levels and are now correcting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Falling prices aren\u2019t necessarily a good thing, either, since they can mean lower home values and are often the result of economic stress. A healthy, growing economy is one where prices and incomes rise slowly over time, keeping costs affordable and households able to maintain their purchasing power.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is a lot of <\/span><a href=\"https:\/\/www.nytimes.com\/2026\/03\/09\/business\/economy\/trump-iran-oil-economy-fallout.html\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">uncertainty today<\/span><\/a><span style=\"font-weight: 400;\">, from tariffs, to international conflicts, to AI fears and inflation worries. Economists believe the housing market is starting to stabilize.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House prices are unlikely to go down anytime soon, but they will rise more slowly. Learn why prices are so high, when affordability should improve, and what buyers and sellers can do to win today.<\/p>\n","protected":false},"author":559,"featured_media":88175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[34276,10756],"tags":[34529,34453,34619],"coauthors":[34342],"class_list":["post-109258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-home","category-featured-post","tag-buying-faq","tag-national","tag-selling-definition"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>When Will House Prices Go Down? | Redfin<\/title>\n<meta name=\"description\" content=\"House prices are unlikely to go down anytime soon, but growth will slow. 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