Do You Think the Housing Market Has Started?

The housing market seems like its starting to shift, but modestly. D o m is still low, signalling sufficient demand leading to prices remaining up a wopping 12 point five % year over year. But if you combine those two data points with a big increase in new listings and huge increases in price drops, this looks like a housing market in transition to me. Does this mean bois will see a crash in prices? No, that could happen, but i think the more likely scenario is a balanced market where buyers actually have some power.