vmt - interest rates and affordability tests likely to tighten

prices may dip in the short term, but fundamentally we don't build enough houses so demand will always outstrip supply over time.

Let's put it this way - even if (and especially if) prices fall, it will not get easier to buy a house. There will be a short window of opportunity to negotiate the price down but don't lose the mortgage offer.

This assumes it's buying a home, If an investment, wait out as there are better returns elsewhere.

Posted By: CWC, Jun 24, 05:39:19