The hot housing market shows no signs of slowing and that home prices will be higher in 2022. The trend of home prices is still upward and time on the market has shrunk since last year during the same week. Homes are still selling for over list price and homes sell in even less time than previously.
There are people who believe the real estate market is a bubble and will crash but there are no signs that is the case. Higher demand and increasing housing prices are being driven by inflation. Home prices are definitely higher in 2022 than 2021 and trending higher in 2023 as well.