>
Higher mortgage rates will do that. >

Well yeah, they're trying to get blood from a stone as it is, they can hardly increase prices at this point. >

So, what I'm hearing is that house prices continue to rise... >

No, what you are hearing is that YoY numbers remain high because of past growth. Home prices have been declining since June. >

Ah, so housing is getting more affordable, then! That's good to hear... >

I couldn't agree more. >

This is YoY right? Does that mean that the MoM was actually in decline? >

Yes. We're now down 2.5% from spring. >

I've seen it happen somewhat in my area.
My Zillow search got a few new popups in December and some were houses that were higher just weeks ago.
Still too much but at this rate I can maybe get a house end of 2023 >

I'm glad.  This will put crimp on home flippers. >

Just a rant but 28 here. Sad that I realistically will never be able to own a home. >

You can but maybe not where you currently live. >

This had to leave our mid sized city and go to outskirts of the smaller city outside of that one. But I mean really mortgage for a 3bd house was = to a 1bd condo rent and now 6 years later so many people pushed out that the small city has exploded and we were able to get same paying jobs here instead of commuting a 100 miles a day was a rough couple of years though was going crazy by the end commuting turning 8 hour days into 11ish with drive. >

i've been saving for a down payment but the more I think about the happier i am paying $600 for my 2 BR apartment..even if im not paying toward anything >

Where do you pay $600 for 2br? That sounds impossible anytime in the last 10 years. >

My friend in Morgantown, WV has a 3 br, 2ba townhouse for $500 per month...But its been that much since he moved in 12 years ago. He refuses to move because he won't find anything that good. >

Imagine doing the thing that's causing the problem to solve the problem.  This seems like a precursor to a panicked sell off. >

Who's going to sell off their fixed 2.6% or 3.1% mortgage? Lol >

Real estate investors.  Yeah the whole market is being held up by shitty people and companies refusing to let go of their 17k -> 300k flips.  They are leveraged against those prices.  This has little or nothing to do with individuals selling homes.