Home prices have not yet shown signs of collapsing despite substantial increases in inventory and decreased sales, pointing to an unusual market stability.
Transaction volumes have been low for two years, and supply is gradually increasing. Yet, the median price of homes going into contract has seen recent increases.
The key question remains: why aren't home prices crashing? This could indicate a phenomenon known as downside stickiness.
The median price of homes has increased recently, staying level, rather than showing typical downward corrections, suggesting unusual resilience in pricing.
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