Talk of The Villages Florida - View Single Post - Hazard a guess on what the future holds for house prices?
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Old 09-28-2021, 12:18 PM
inda50 inda50 is offline
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Default house prices

It seems to me that house prices and the stock market are intertwined, and more recently supply line shortages of labor and materials. Any one of these can start a cascade in the others. Right now they are all strong. Which will be the first to break ? There are a lot of people involved in and promoting the stock market, so it will probably keep clicking along until some thing unforeseen happens. Then there are housing prices. Just when I think they can't go any higher, they do. Usually competition in the building market keep prices from escalating, but due to all builders competing to find labor and materials, supply line shortages have added to the cost of doing business, so this inflates the cost of a new home. So I think the prices will continue to increase slowly for at least another 11 to 12 Months.