/biz/ - Business & Finance

>>53488384

Canadian commentator named Danielle Park (http://jugglingdynamite.com/)) who is interviewed in various places, thinks we're headed back to 2019 prices at least.

So say $320,000 in Summer 2019 plus inflation = $370,000 today, or a 21% drop from the current median house price of $468,000.

But one wrinkle with all this, is interest rates were around 2% in the middle of 2019, so for housing to be as affordable today as back then, prices would need to overshoot maybe to $325,000 or so.