Despite the recent and rapid rise in home prices, we are still within the trend-line for home price appreciation since the stagnation that occurred from 2009-2012. You can see regularly occurring dips and peaks over the last decade until last year when it never really peaked based on historical norms. When factoring in that lack of appreciation during the Covid year of 2020, we seem to merely be making up for lost time. While the Stock Market may be heading for a crash due to over valuations and high Margin debt, the housing market is looking, well, normal.
