"Home values stabilized this summer while buyers pulled back at current prices, but it's important not to confuse an inability to buy a home with a lack of desire to buy," says Bachaud. “Suppressed demand from potential buyers waiting in the wings for a home they can afford will provide a support for prices preventing them from falling anywhere near pre-pandemic levels, so the price declines we see today will likely be minimal and short-lived. . -lived in place of a significant increase in housing stock.”