One of the best things to come out of hosting a daily LIVE Q&A for all of you on Instagram is the insights I get into your most pressing questions. And right now, lots of you want to know is this a good time to buy a house? Many of your concerns are colored by the last recession when housing prices fell substantially. So, let’s take a look at some key housing market metrics to see how today may differ from 2008… and provide some insights for what may happen to housing prices over the next few months and years. Prefer to listen? Catch a deep dive on the housing market and why prices are rising on this week’s podcast episode of Finance Explained.
This post was originally pubished in May 2020. Data has recently been updated as of April 2021.